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.Sean's Coffee shop's financial year ended 31 December each year.Sean paid a cheque amount of RM1,800 for the premium on insurance cover the period of

.Sean's Coffee shop's financial year ended 31 December each year.Sean paid a cheque amount of RM1,800 for the premium on insurance cover the period of 1 Oct 2014 until 31 March 2016.What should be the amount recognised in the company's Statement of Profit or Loss and Statement of Financial Position as at 31 December 2015?

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