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On April 30, 2014, a three-year Insurance policy was purchased for $19,800 with coverage to begin Immediately. What is the amount of insurance expense that
On April 30, 2014, a three-year Insurance policy was purchased for $19,800 with coverage to begin Immediately. What is the amount of insurance expense that would appear on the company?s income statement for the year ended December 31, 2014? $4,400 $15,400 $19,800 $6.600 $550.00
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