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Date Accounts and Explanation Debit Credit Nov. Prepaid Insurance 10,000 Cash 10.000 Paid for a one year insurance policy Date Accounts and Explanation Debit Credit

Date Accounts and Explanation Debit Credit Nov. Prepaid Insurance 10,000 Cash 10.000 Paid for a one year insurance policy Date Accounts and Explanation Debit Credit N10 Advertising Expense 24,700 5 24,700 Paid for averming in the loco poper

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