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is this right? please correct me if im wrong or tel what the right answer is c. One month insurance has expired. (On December 1,

is this right? please correct me if im wrong or tel what the right answer is

c. One month insurance has expired. (On December 1, the business paid $3,000 for a 6-month insurance policy starting on December 1.) Date Accounts and Explanation Debit Credit Dec. 31 Insurance Expense Adj. (C) Prepaid Insurance 3000 3000

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