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ABC Co. management opened a new life insurance policy this year on the CEO. The premium for this new policy is $917/month. THE POLICY CANNOT

ABC Co. management opened a new life insurance policy this year on the CEO. The premium for this new policy is $917/month. THE POLICY CANNOT BE PREPAID. What is the journal entry for receiving the bill for this policy on 12/15/18. The bill will not be paid until January 2019

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