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Business, 09.02.2021 01:00 LordBooming

Urshela Company paid four months insurance on October 1, 2017 for $13,200. Urshela originally recorded the full insurance payment in the prepaid insurance account, Urshela operates on a calendar year basis. What adjusting journal entry would Urshela be required to make at 12/31 to properly recognize insurance expense for the year

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Urshela Company paid four months insurance on October 1, 2017 for $13,200. Urshela originally record...
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