For Whispering Winds Co$.,$ journalize the entry on July $1$ and the annual adjusting entry on December $31.($List all debit entries

before credit entries. Record journal entries in the order presented in the problem. If no entry is required, select $"$No Entry" for the account

titles and enter $O$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.$)$

Date

Account Titles and Explanation

Debit

Credit