littlike945 littlike945
  • 20-02-2024
  • Business
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On july 1, book palace prepaid 12 months' fire insurance with coverage starting the following month. the adjusting entry on december 31 includes: (select all that apply.)
a) Debit to Prepaid Insurance
b) Credit to Prepaid Insurance
c) Debit to Insurance Expense
d) Credit to Insurance Expense

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