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In the current accounting period ended 31 December 2020, Company A receives an invoice for annual insurance from 01 August 2020 through 31 July 2021

In the current accounting period ended 31 December 2020, Company A receives an invoice for annual insurance from 01 August 2020 through 31 July 2021 for $9,000. If Company A hasnt paid it in the current accounting period, what is the required prepaid or accrual by the end of the current accounting period?

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