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In January of year 0, Justin paid $4,800 foe an insurance policy that covers his business properfy for accodents and casuatios, Justin is a calendav-year

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In January of year 0, Justin paid $4,800 foe an insurance policy that covers his business properfy for accodents and casuatios, Justin is a calendav-year tasewor who usos the cash method of accounting. Assume the insurance policy is for a 24-month period from Aprd 1, year 0 through March 31 , year 2 What anociet of the insurance premium may Justin deduct in year o? QUESTION 10 In October of year 0, Janine received a $10,000 payment from a client for 25 months of security services she will provide starting on November 1 of year 0 . This amounts to $400 per month. What amount of revenue must Janine recognize in year 0 from the $10,000 Noctober of advance payment for services if she uset the cash method of accounting

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