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July 21 2019, campbells purchases a two-year insurance policy for $30,000, paying cash and debting prepaid insurance for the entire two-year premium. The adjusting entry

July 21 2019, campbells purchases a two-year insurance policy for $30,000, paying cash and debting prepaid insurance for the entire two-year premium. The adjusting entry on December 31, 2019 includes a credit to prepaid insurance of what amount?

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