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Which of the following entries records the payment of a bill for a whole year's insurance? debit Insurance Payable; credit Accounts Receivable O b. debit

Which of the following entries records the payment of a bill for a whole year's insurance? debit Insurance Payable; credit Accounts Receivable O b. debit Prepaid Insurance; credit Cash OC. debit Cash: credit Prepaid Insurance Od debit Accounts Payable; credit Cash

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