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Question 23 (2 points) On August 1, 2018, the Matisse Co. paid $24,000 for insurance to cover the next 12 months. After the journal entry

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Question 23 (2 points) On August 1, 2018, the Matisse Co. paid $24,000 for insurance to cover the next 12 months. After the journal entry has been prepared on August 1, 2018 Total assets will remain unchanged. Total assets will increase Total liabilities will increase and total assets will increase. Equity and assets will increase

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