Question
Prepare an adjusting entry. Prepaid Insurance 1,800 Cash 1,800 The adjustment: There should be 11 months of prepaid insurance coverage still left as of 1/31/2024.
Prepare an adjusting entry.
| Prepaid Insurance | 1,800 | |
| Cash | 1,800 |
The adjustment: There should be 11 months of prepaid insurance coverage still left as of 1/31/2024.
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Cost Accounting A Managerial Emphasis Revised
Authors: Charles T. Horngren, Monte Wynder, William Maguire, Rebecca Tan, Srikant Datar, Lester E. Heitger
1st Australian Edition
1442554770, 978-1442554771
