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Mackenzie Insurance Company collected a premium of $15,000 for a 1-year insurance policy on May 1. What amount should Mackenzie report as a current liability

Mackenzie Insurance Company collected a premium of $15,000 for a 1-year insurance policy on May 1. What amount should Mackenzie report as a current liability for Uneamed Insurance Revenue at December 312 Select one: a $10,000 0 O b. The answer does not exist e c. $15,000. d. $5,000. e. so

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