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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 $3,600 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 $3,600 on March 1, 2019 0-1. Use the horizontal model to record the above transaction (Use amounts with + for increases and amounts with - for decreases.) Balance Sheet Assets Llabilities Stockholders' Equity Net Income Cash 0 Required information The following information applies to the questions displayed below.) A company makes the payment of a one-year Insurance premium of $3,600 on March 1, 2019 b-1. Use the horizontal model to show the amount of Insurance premium "used" that month. (Use amounts with + for increases and amounts with - for decreases.) Inc Balance Sheet Liabilities Assets Stockholders' Equity Net Income Revenues Required information The following information applies to the questions displayed below) A company makes the payment of a one-year insurance premium of $3,600 on March 1, 2019, c. Calculate the amount of prepaid insurance that should be reported on the December 31, 2019, balance sheet with respect to this policy Prepaid insurance

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