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    jenn1975's Avatar
    jenn1975 Posts: 2, Reputation: 1
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    #1

    Feb 3, 2012, 06:28 PM
    Accounting Question
    On July 1 ,2010 Spahn Co, pays $18,000 to Randle Insurance co. For 3year insurance contract. Both companies have fiscal years ending December 31. Prepare the journal entry on July 1 on and the adjusting entry on December 31 for Randle insurance Co
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 3, 2012, 07:07 PM
    This is a duplicate post and has been answered in the other post.
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