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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. a-1. Use the horizontal model to record the above transaction. (Use amounts with + for increases and amounts with - for decreases.) Balance Sheet Assets Liabilities + Stockholders' Equity Net Income = Income Statement Revenues Expenses

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