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Pharoah's Rentals provides workers compensation insurance for its employees. The estimated premium for this year is $8,06 The actual premium determined at the end of
Pharoah's Rentals provides workers compensation insurance for its employees. The estimated premium for this year is $8,06 The actual premium determined at the end of the year is $8.232 Prepare the journal entry for the payment of workers compensation premium. (Credir account titles are automatically Indented when the amount is entered Do notIndent manual) Account Titles and Explanation Debit Credit (To record payment of workers' compensation insurance premium) eTextbook and Media List of Accounts Prepare the adjusting entry required at year.erd(Credit account there automatically indented when the amount is entered De metindentmonly) Account Tities and Explanation Debit Credit To adjust Woners' Compensation Ince) acer o o K Prepare the adjusting entry required at year-end. (Credit account titles are automatically Indented when the amount is entered. Do notIndent manually) Account Tities and Explanation Debit Credit (To adjust Workers' Compensation Insurance) e Textbook and Media List of Accounts Determine if the company will either receive a credit for overpaid premium or pay an additional premium eTextbook and Media List of Accounts Attems of used
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