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Gaffney Company had these adjusting entry situations at the end of December.1. On July 1, Gaffney Company paid $1,200 for a one-year insurance policy. The

Gaffney Company had these adjusting entry situations at the end of December.1. On July 1, Gaffney Company paid $1,200 for a one-year insurance policy. The policy was for the periodJuly 1 through Jun 2 answers

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