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Requirements: Provide the Journal entries on the following dates. (Use the 'asset method' of recording disbursements.) a. January 1, 20x1 and December 31, 20x1 (

Requirements: Provide the Journal entries on the following dates. (Use the 'asset method' of recording disbursements.)

a. January 1, 20x1 and December 31, 20x1 ( adjusting entry)

b. December 31, 20x3 ( cash surrender value) c. April 1, 20x4 (dividends) d. December 31, 20x4 ( cash surrender value) e. January 1, 20x5 ( payment of insurance premium) f. March 31, 20x5 ( assume the policy is also collected on this date)

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