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If a company pays cash for malpractice insurance in the current period and the payment is for insurance coverage in a future period, the journal

If a company pays cash for malpractice insurance in the current period and the payment is for insurance coverage in a future period, the journal entry to record the cash payment includes a:

A. Debit to Cash B. Debit to Prepaid Insurance C. Debit to Insurance Expense D. Debit to Insurance Payable

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