Business, 19.01.2021 19:00, berniceallonce22

On July 1, 2017 , Sandhill Co. pays $22,000 to Cullumber Company for a 2-year insurance contract. Both companies have fiscal years ending December 31. For Sandhill Co., Journalize the entry on July 1 and adjusting entry on December 31.
Date Account Titles and Explanation Debit Credit

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On July 1, 2017 , Sandhill Co. pays $22,000 to Cullumber Company for a 2-year insurance contract. Bo...