Question: Journalize the entry on July 1 and the adjusting entry on December 31 for Martinez Insurance Co. Martinez uses the accounts Jnearned Service Revenue and

Journalize the entry on July 1 and the adjusting entry on

Journalize the entry on July 1 and the adjusting entry on December 31 for Martinez Insurance Co. Martinez uses the accounts Jnearned Service Revenue and Service Revenue. (List all debit entries before credit entries. Record journal entries in the order oresented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Journalize the entry on July 1 and the adjusting entry on December 31 for Martinez Insurance Co. Martinez uses the accounts Jnearned Service Revenue and Service Revenue. (List all debit entries before credit entries. Record journal entries in the order oresented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

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