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A company shows an 5800 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the worksheet. The Adjustments columns show expired insurance of
A company shows an 5800 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the worksheet. The Adjustments columns show expired insurance of 5600. This adjusting entry results in Select one: O A $200 difference between the debit and credit columns of the unadjusted trial balance OB. $600 less profit OC $400 in the Income Statement Debit column on the work sheet OD. $400 in the Balance Sheet Credit column on the work sheet O E $600 more profit
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