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Cengagx apter e Guest ment/takeAssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogress=false Show Me How Print Item djusting entries for prepaid insurance Instructions Chart of Accounts Journal Instructions The balance in

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Cengagx apter e Guest ment/takeAssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogress=false Show Me How Print Item djusting entries for prepaid insurance Instructions Chart of Accounts Journal Instructions The balance in the prepaid insurance account, before adjustment at the end of the year, is $18,135. The year end is March 31 Joumalize the March 31 adjusting entry required under each of the following alternatives for determining the amount of the adjustment: (a) the amount of insurance expired during the year is $15.480:(b) the amount of inexpired insurance applicable to future periods is $2,655. Refer to the Chart of Accounts for exact wording of accountries

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