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35 In the first month of operations, the total of the debit entries to the Prepaid Insurance account amounted to $800 and the total of

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35 In the first month of operations, the total of the debit entries to the Prepaid Insurance account amounted to $800 and the total of the credit entries to the Prepaid Insurance account amounted to $500. The Prepaid Insurance account has a a $500 credit balance b. $300 debit balance c. $800 debit balance. di $300 credit balance

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