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the balance of the prepaid insurance account on 30 june 2016 was $250 .the business does it reversing entries on the 1st day of the

the balance of the prepaid insurance account on 30 june 2016 was $250 .the business does it reversing entries on the 1st day of the new financial year 1st july during the year ending 30 june 2017 insurance paid was $22000 imsurance prepaid at 30 june 2017 was $150 what was the insurance expense for the year ended 30 june 2017

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