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ABC co. bought an eighteen month insurance policy on 5/31/2022 for $10,800. The December 31, 2022 balance sheet would report Prepaid Insurance of 0 50
ABC co. bought an eighteen month insurance policy on 5/31/2022 for $10,800. The December 31, 2022 balance sheet would report Prepaid Insurance of 0 50 O $4,200 O $6,600 $10,800
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