a2) Post the entry on July 1 and the adjusting entry on December 31 for Blossom Company(Post entries in the order of joumal entries presented in the previous part.) Unearned Service Revenue Service Revenue e Textbook and Media On July 1, 2022 Wildhorse Co pays $19,500 to Blossom Company for a 2-year insurance contract Both companies have fiscal years ending December 31. (21) Your Answer Correct Answer Your answer is correct Journalize the entry on July 1 and the adjusting entry on December 31 for Blossom Company. Blossom uses the accounts Unearned Service Revenue and Service Revenue (Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Credit July 1 19.500 Date Debit Cash 19.500 Uneared Service Revenue Uncanned Service Revenue Dec 31 4875 Service Revenue 487 eTextbook and Media