d) using T accounts, Post the entries for (a) and (c) above and indicate the adjusted balance in each account

a) Prepare the March 1, 2021 journal entry

b) Calculate the amount of revenue to recognize during 2021 and the amount unearned at October 31, 2021

c) Prepared adjusting entry required on October 31, 2021

d) Using T accounts, post the entries for (a) and (c) Above and indicate the adjusted balance in each account

Questions On March 1, 2021, Big North Insurance received $4,200 cash from Once Company for a one-year insurance policy. By North Insurance has an October 31 fiscal year end and adjusts accounts annually. Complete the following for Big North Insurance Your answer is correct. Prepare the March 1, 2021, journal entry. (Credit account tities are automatically indented when amount senteret. Donec indeer wally. If no antry is required, select "No Ent for the accountries and enter for the amounts) FULL SON PRINTER VERSION BACK NEX Question 9 On March 1, 2021, Big North Insurance received $4,200 cash from Orole Company for a one-year insurance policy. Big North Insurance has an October 31 fiscal year end and adjusts accounts annually. Complete the following for Big North Insurance (a) Your answer is correct Prepare the March 1, 2021, yournal entry. (Credit account titles are automatically indented when amount is entered. De findet manually. If entry is required, select "Me Entry for the account titles and enter for the amounts.)