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Ill rate...help... On December 31, the balance in the Prepaid Insurance account was $4,500, which is the remaining balance of a twelve-month policy purchased on
Ill rate...help...
On December 31, the balance in the Prepaid Insurance account was $4,500, which is the remaining balance of a twelve-month policy purchased on October 31 in the current year. How much did this policy originally cost?
$3,750 | |
$4,909 | |
$4,500 | |
$6,000 | |
$5,400 |
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