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Record a journal entry to reflect that one half month's insurance has expired. June 14: Check # 5004 was used to purchase a one-year insurance

Record a journal entry to reflect that one half month's insurance has expired.

June 14: Check # 5004 was used to purchase a one-year insurance policy covering its computer equipment for $4,968.00 from Seth's Insurance.The effective date of the policy was June 16 and the invoice number was 2387.

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