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! Required information [The following information applies to the questions displayed below.] A company makes a payment of $3,600 towards one-year insurance premium on

! Required information [The following information applies to the questions displayed below.] A company makes a payment of $3,600 towards one-year insurance premium on March 1. Balance Sheet Liabilities + Stockholders' Equity Net Income a.1 Use the horizontal model to record the above transaction. Asset II = II + + II II II = Income Statement Revenues I Expenses

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