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17 of 25 In the Unadjusted Trial Balance, a company shows a $600 balance of Prepaid Insurance. The Adjustments Trial Balance show expired insurance of

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17 of 25 In the Unadjusted Trial Balance, a company shows a $600 balance of Prepaid Insurance. The Adjustments Trial Balance show expired insurance of $200. This adjusting entry results in: $200 more in Prepaid Insurance $200 more in net income. O $200 less in net income. None of the above

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