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estion 12 The Mazzanti Wholesale Food Company's fiscal year-end is December 31. The company issues quarterly financial statements the company to prepare adjusting entries
estion 12 The Mazzanti Wholesale Food Company's fiscal year-end is December 31. The company issues quarterly financial statements the company to prepare adjusting entries at the end of each quarter. Assume all quarterly adjusting entries were properly ted On October 1, 2020, the company paid its annual fire insurance premium of $6,000 for the year beginning December 1 and bed prepaid insurance. The year-end adjusting entry at the end of December 31, 2020, for the above situation includes OA debit to Insurance expense for $6,000 OA debit to Insurance expense for $1,500 OA debit to Prepaid Insurance for $6,000 OA debit to Prepaid Insurance for $1,500 naid employee salaries of $9,000 on December 31 is
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