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. 4. On January 1, 2015, Banana Company purchased a five-year insurance policy for $1,800. If the cost was debited to Prepaid Insurance, the adjusting
. 4. On January 1, 2015, Banana Company purchased a five-year insurance policy for $1,800. If the cost was debited to Prepaid Insurance, the adjusting entry at the end of 2015 is: A) Debit Prepaid I...
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