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An asset created by prepayment of an insurance expense is: Recorded as a credit to Prepaid Insurance. Recorded as a debit to Unearned Revenue. O

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An asset created by prepayment of an insurance expense is: Recorded as a credit to Prepaid Insurance. Recorded as a debit to Unearned Revenue. O Recorded as a debit to Prepaid Insurance. Recorded as a credit to Unearned Revenue. Not recorded in the accounting records until the insurance period expires

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