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At December 3 1 , 2 0 2 2 , before any year - end adjustments, Vaughn Manufacturing's Prepaid Insurance account had a balance of

At December

31, 2022,

before any year

-

end adjustments, Vaughn Manufacturing's Prepaid Insurance account had a balance of $

4280 .

It was determined that $

1840

of the Prepaid Insurance had expired. The adjusted balance for Prepaid Insurance for the year would be:

2440 .

5810 .

4280 .

1840 .

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