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What is the proper industing entry at December the end of the accounting period, the balance in the prepard Gros $9.750 before adjustment, and the

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What is the proper industing entry at December the end of the accounting period, the balance in the prepard Gros $9.750 before adjustment, and the unexpared amount per analysis of policies 11.2507 Multiple Choice Debit Insurance Expense, $5,500; crede Prepaid Insurance, 55,500 Debit Cash, 89,750; Credit Prepaid Insurance, 59,750 Debit Prepaid Insurance, $5,500, credit Insurance Expense, $5,500 O Debit Insurance Expense, $4,250; credit Prepaid Insurance, $4,250. O Debit Insurance Expense. 59,750, credit Prepaid Insurance. $9750

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