The prepaid insurance account has a 6000 beginning balance
The prepaid insurance account has a $6000 beginning balance. Additional insurance premiums in the amount of $10000 were paid during the year. At year-end there is $2400 of insurance coverage remaining the entry needed to adjust the account is ?
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the prepaid insurance account has a 6000 beginning balance additional insurance premiums in the amount of 10000 were
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