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Question 1.5: On November 1, 2016, Luxco receives an invoice for an insurance premium of an amount of EUR 6.000 (no VAT applicable on insurance

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Question 1.5: On November 1, 2016, Luxco receives an invoice for an insurance premium of an amount of EUR 6.000 (no VAT applicable on insurance premiums). The invoice covers the period from November 1, 2016 to April 30, 2017. Present the booking entries as of December 31, 2016

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