Business, 12.02.2020 04:50 natalie4085

A 12-month insurance policy was purchased on Dec. 1 for $4,800 and the Prepaid insurance account was initially increased for the payment. The required adjusting journal entry on December 31 includes a:

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A 12-month insurance policy was purchased on Dec. 1 for $4,800 and the Prepaid insurance account was...