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On January 1, Pope Company paid ABC Insurance Company $2400 for a 12-month insurance policy. At the end of February, what amount is shown in

On January 1, Pope Company paid ABC Insurance Company $2400 for a 12-month insurance policy. At the end of February, what amount is shown in Deferred Revenue for ABC Insurance Company?

options:

	$2,400
	$2,000
	$400
	$0
	None of the above.

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