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ABC Insurance Company collected a payment of $60,000 for a 1-year one year rental policy on March 1 What journal entry should ABC record on

ABC Insurance Company collected a payment of $60,000 for a 1-year one year rental policy on March 1 What journal entry should ABC record on Dec 31 (ABC's fiscal year end)? HTML Editor BIVA- IX E 1 XX, E TTT 12pt Paragraph WP 0 word

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