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66. A company shows an $800 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired

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66. A company shows an $800 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired insurance of $600. This adjusting entry results in: A. $600 less net income. B. $600 more net income. C. $200 difference between the debit and credit columns of the unadjusted trial balance. D. $400 in the Income Statement Debit column on the work sheet. E. $400 in the Balance Sheet Credit column on the work sheet

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