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An insurance policy premium for six months is $1,200 and the insured is making equal payments of $200 a month. There are 2 months left

An insurance policy premium for six months is $1,200 and the insured is making equal payments of $200 a month. There are 2 months left in the policy period.

What would we record in the unearned premiums line of our balance sheet?

a. $400

b. $200

c. $800

d. $1,200

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