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Which of the following is the correct journal entry to record one month of expired prepaid insurance? Select one: a. Debit prepaid insurance and credit

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Which of the following is the correct journal entry to record one month of expired prepaid insurance? Select one: a. Debit prepaid insurance and credit cash b. Debit insurance expense and credit cash c. Debit prepaid insurance and credit insurance expense d. Debit insurance expense and credit prepaid insurance OOO

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