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On the endofperiod spreadsheet, Prepaid Insurance has a balance of $3,700 in the Unadjusted Trial Balance Debit column and an adjustment of $500 in the
On the endofperiod spreadsheet, Prepaid Insurance has a balance of $3,700 in the Unadjusted Trial Balance Debit column and an adjustment of $500 in the Adjustments Credit column. What amount should appear for Prepaid Insurance in the Adjusted Trial Balance column and ultimately in the balance sheet
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