The prepaid insurance account showed an opening balance of $24 000 and a closing balance of $27
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The prepaid insurance account showed an opening balance of $24 000 and a closing balance of $27 000.
Insurance expense was $69 000. What were the cash payments for insurance?
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Related Book For
Fundamentals Of Accounting And Financial Management
ISBN: 9780170454797
8th Edition
Authors: Professor Ken Trotman, Kerry Humphreys
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