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The prepaid insurance acooont had a beginning baiance of $8,530 and was debited for $850 for premhims paid during the year Journalize the adjusting entry

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The prepaid insurance acooont had a beginning baiance of $8,530 and was debited for $850 for premhims paid during the year Journalize the adjusting entry required ot the end of the yeat, assuming the amount of unexpired insurance related to future periods is $6,880. If an amount box does not require an entry, leave it blank

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