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A restaurant paid $9,600 cash in advance for liability insurance for two years on June 1, 2020. How much should be recorded as insurance expense

A restaurant paid $9,600 cash in advance for liability insurance for two years on June 1, 2020.

How much should be recorded as insurance expense for the year ending 31st December 2020?

a. $9,600

b. $4,800

c. $2,800

d. $2,400

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