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Business, 08.10.2019 20:00 Yumimiku5989

The balance in the prepaid insurance account, before adjustment at the end of the year, is $18,290. the year end is march 31. journalize the march 31 adjusting entry required under each of the following alternatives for determining the amount of the adjustment: (a) the amount of insurance expired during the year is $14,920; (b) the amount of unexpired insurance applicable to future periods is $3,370. refer to the chart of accounts for exact wording of account titles.

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The balance in the prepaid insurance account, before adjustment at the end of the year, is $18,290....
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