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Brief Exercise 4-5 (Part Level Submission) On June 1, 2018, Bere Ltd. pays $11,040 to Safety Insurance Corp. for a one-year insurance policy. Both companies

Brief Exercise 4-5 (Part Level Submission) On June 1, 2018, Bere Ltd. pays $11,040 to Safety Insurance Corp. for a one-year insurance policy. Both companies have fiscal years ending December 31 and adjust their accounts annualy

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