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Required information [The following information applies to the questions displayed below.] A company makes the payment of a one-year insurance premium of $3,864 on March

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Required information [The following information applies to the questions displayed below.] A company makes the payment of a one-year insurance premium of $3,864 on March 1, 2019. d. If the premium had been $7,728 for a two-year period, how should the prepaid amount at December 31, 2019, be reported on the balance sheet? Non-current asset Current asset

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