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Business, 17.07.2019 05:10 gorillalover9000

The prepaid insurance account had a beginning balance of $4,500 and was debited for $16,600 of premiums paid during the year. journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $5,600. refer to the chart of accounts for exact wording of account titles.

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