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right answer? On December 31, 2020, Coolwear, Inc. had a balance in its prepaid insurance account of $64 400 During 2021. $ 102 000 was

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On December 31, 2020, Coolwear, Inc. had a balance in its prepaid insurance account of $64 400 During 2021. $ 102 000 was paid for insurance. At the end of 2021, after adjusting entries were recorded. the balance in the prepaid insurance account was $50,000. Insurance expense for 2021 was

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