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4 On 9/19, the company paid $1,900 for an 18 month insurance policy. Assume that the policy went into effect on 10/1/22 (so none of

4 On 9/19, the company paid $1,900 for an 18 month insurance policy. Assume that the policy went into effect on 10/1/22 (so none of the insurance was used in Sept). Prepare the 12/31/23 adjusting entry related to the insurance.

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