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On January 5, 2020, Salt Company purchased an insurance policy that covers 6 months and costs $6.000 What is the journal entry to record the

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On January 5, 2020, Salt Company purchased an insurance policy that covers 6 months and costs $6.000 What is the journal entry to record the purchase of the insurance policy Select one anothing to record b. debit Insurance, credit Cash c.detit Prepaid Insurance, credit Cash d. debit Insurance, credit Account Payable O edebit Prepaid Insurance credit Account Payable

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