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Prepaid Insurance??Annual AdjustmentsOn April 1, 2017, Stratton, Inc., purchases a 24-month property insurance policy for $52,800. The policy is effective immediately. Assume that Stratton prepares

Prepaid Insuranceâ??Annual AdjustmentsOn April 1, 2017, Stratton, Inc., purchases a 24-month property insurance policy for $52,800. The policy is effective immediately. Assume that Stratton prepares 2 answers

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