Snowbird Supports Company purchased a 2-year insurance policy on October 1, 2021. The appropriate adjustment was made
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Snowbird Supports Company purchased a 2-year insurance policy on October 1, 2021. The appropriate adjustment was made at that year end. On January 1, 2022, the balance in the Prepaid Insurance account was $3,150. What is the amount of expense to record in the year-end adjusting journal entry on December 31, 2022?
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Related Book For 
Horngrens Accounting Volume 1
ISBN: 9780135359709
11th Canadian Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood
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