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A company paid the $1,350 premium on a two-year insurance policy on September 1, 2020. The policy gave protection beginning on that date. How many

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A company paid the $1,350 premium on a two-year insurance policy on September 1, 2020. The policy gave protection beginning on that date. How many dollars of the premium will appear as an expense on the calendar year 2020 income statement? $1,350 $1,125 $450 $225 $0

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