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Highlands, Inc. paid 6-months insurance in advance. What is the appropriate debit and credit for this transaction? Debit: [Select] Credit: [Select] Highlands, Inc. paid 6-months

Highlands, Inc. paid 6-months insurance in advance. What is the appropriate debit and credit for this transaction? Debit: [Select] Credit: [Select]
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Highlands, Inc. paid 6-months insurance in advance. What is the appropriate debit and credit for this transaction? Debit: Credit

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