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On November 1, 2009, a company paid a $15,300 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy
On November 1, 2009, a company paid a $15,300 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the following table. (Leave no cells blank - be certain to enter "0" wherever required. Input all amounts as positive values. Omit the "$" sign in your response.) Balance Sheet Prepaid Insurance Asset Using Insurance Expense Using Accrual Basis Cash Basis Accrual Basis Cash Basis Dec. 31, 2009 $ $ 2009 $ $ Dec. 31, 2010 2010 Dec. 31, 2011 2011 Dec. 31, 2012 2012 Total $ $
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