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On October 1 of Year 1 , Lesikar Company paid $ 1 , 2 0 0 cash for an insurance policy that would provide protection

On October 1 of Year 1, Lesikar Company paid $1,200 cash for an insurance policy that would provide protection for a one-year term. Which of the following shows how the required adjustment on December 31, Year 1, will affect Lesikars ledger accounts?

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