SHOW USTACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT (22 ) Post the entry on July 1 and the adjusting entry on December 31 for Sandhill Co.. (Post entrie Unearned Service Revenue Service Revenue Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS ent CALCULATOR Question 3 On July 1, 2022, Ivanhoe Company pays $15,500 to Sandhill Co. for a 1-year insurance contract. Both companies have fiscal years ending December 31 (al) Your answer is correct. Soumalize the entry on July 1 and the adjusting entry on December 31 for Sandhill Co., Sandhill uses the accounts Uneared Service Revenue and Service Re entries in the order presented in the problem. Il no entry is required, select "No Entry for the account titles and enter for the amount Cred automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Truly cash I Unearned service Revenue Dec 31 Unearned Service Revenue 7750 Click if you would like to show Work for this questions Open Show Work SOW LIST OF ACCOUNES SOLUTION SHOW