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dianes designpurchased 1 yearliability insurance policy on march 1 of ayearfor 8 4 0 0 and recorded it as prepaid expense which of the followering

dianes designpurchased 1yearliability insurance policy on march 1of ayearfor8400 and recorded it as prepaid expense which of the followering amounts would be recorded as insurance expeence during the adjusting process at rhe end of dianes first month of operating on march 1

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