On July 1, 2014, Pizner Co. pays $13,200 to Orlow Insurance Co. for a 3-year insurance contract…. 1 answer below »

On July 1, 2014, Pizner Co. pays $13,200 to Orlow Insurance Co. for a 3-year insurance contract. Both companies have fiscal years ending December 31. For Pizner Co., journalize and post the entry on July 1 and the adjusting entry on December 31.View Solution:
On July 1 2014 Pizner Co pays 13 200 to Orlow

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