The transaction used to record the purchase of an insurance policy would include _____choice1_____ and ______choice2_______ choice
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Question:
The transaction used to record the purchase of an insurance policy would include _____choice1_____ and ______choice2_______
choice 1 choice 2
(cash) +supplies
+Account payable (insurance expenses)
(prepaid expenses) +prepaid expenses
+Cash (Depreciated expenses)
Expert Answer:
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