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On September 1, Sanchez Company paid $19,800 for two years of insurance in advance. On September 1, Sanchez Company dated sites, which is an alternate

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On September 1, Sanchez Company paid $19,800 for two years of insurance in advance. On September 1, Sanchez Company dated sites, which is an alternate way of recording the initial expenditure Required: Journalize the adjusting entry on December 31, Date Account Title Debit Credit Dec 31

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