What would the entries be for this question? On July 1, 2012, Crowe Co. pays $19
ID: 2378487 • Letter: W
Question
What would the entries be for this question?
On July 1, 2012, Crowe Co. pays $19,019 to Zubin Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Crowe Co. journalize the entry on July 1 and the adjusting entry on December 31. (Round answers to zero decimal places, e.g. 2,555.)
ABE3-3 What would the entries be for this question? On July 1, 2012, Crowe Co. pays $19,019 to Zubin Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Crowe Co. journalize the entry on July 1 and the adjusting entry on December 31.