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On September 1, 2015, a company paid $8.400 in advance for two years insurance and debited prepaid insurance. The December 31, 2019, austing entry
On September 1, 2015, a company paid $8.400 in advance for two years insurance and debited prepaid insurance. The December 31, 2019, austing entry should include a debit to OA prepaid insurance for $2,000 OB. Insurance expense for $1,400 OC Insurance expense for $7,000 OD. prepaid insurance for $1.400 Q Time Remaining: 01:09 12 Next ENG 05-01-20
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