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At October 3 1 , 2 0 2 0 , before any year - end adjustments, Coleman Company's Prepaid Insurance account had a balance of

At October 31,2020, before any year-end adjustments, Coleman
Company's Prepaid Insurance account had a balance of $7,600. It
was determined that $1,300 of the Prepaid Insurance had expired.
The adjusted balance for Insurance Expense for the year would
be:
$1,300
$7,600
$2,600
$6,300
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