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help asap pls On August 1. Long-Living Insurance Company receives 518,600 from a customer for a 6 month insurance policy. What adjusting entry will Long-Living
help asap pls
On August 1. Long-Living Insurance Company receives 518,600 from a customer for a 6 month insurance policy. What adjusting entry will Long-Living record with respect to this policy on December 312 Select one: Unearned Revenue Insurance Premium Revenue $12,400 $12.400 b. Unearned Revenue Insurance Premium Revenue $15,500 $15,500 c. Unearned Revenue Insurance Premium Revenue $18,600 $18,600 O d. Insurance Expense Prepaid Insurance $15,500 $15,500 Step by Step Solution
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