Business, 03.09.2019 20:20 Savageboyn

On april 1, lewis company paid $14,400 for two years of insurance in advance. lewis company recorded the transaction by debiting prepaid insurance an crediting cash. required: journalize the adjusting entry on december 31.

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On april 1, lewis company paid $14,400 for two years of insurance in advance. lewis company recorded...

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