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Purchasing a three-year insurance policy for cash would include a Select one: O a. debit to Prepaid Insurance and a credit to Accounts Payable O

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Purchasing a three-year insurance policy for cash would include a Select one: O a. debit to Prepaid Insurance and a credit to Accounts Payable O b. debit to Cash and a credit to Accounts Receivable O c. debit to Insurance Expense and a credit to Dividends O d. debit to Prepaid Insurance and a credit to Cash

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