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Calculator On January 1, DogMart Company purchased a two-year liability insurance policy for $22,800 cash. The purchase was recorded to Prepaid Insurance, Journalize the January

Calculator On January 1, DogMart Company purchased a two-year liability insurance policy for $22,800 cash. The purchase was recorded to Prepaid Insurance, Journalize the January 31 adjusting entry. If an amount box does not require an entry, leave it blank Jan. 31

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