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On October 1, 2021, Peach Corp paid $6,000 for a one-year insurance policy with the insurance coverage beginning on that date. On December 31, 2021,

On October 1, 2021, Peach Corp paid $6,000 for a one-year insurance policy with the insurance coverage beginning on that date. On December 31, 2021, Peach Corp needs to make adjusting entries to reflect the part of insurance that it has consumed. How will this adjusting entry affect the company's current ratio on December 31 2021? (Increase, decrease, or unchanged)

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