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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
النسخة 4الرقم المعياري الدولي: 978-0078025372Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
النسخة 4الرقم المعياري الدولي: 978-0078025372 تمرين 84
Assume the balance in Prepaid Insurance is $2,500 but it should be $1,500. The adjusting journal entry should include which of the following
A) Debit to Prepaid Insurance for $1,000.
B) Credit to Insurance Expense for $1,000.
C) Debit to Insurance Expense for $1,000.
D) Debit to Insurance Expense for $1,500.
A) Debit to Prepaid Insurance for $1,000.
B) Credit to Insurance Expense for $1,000.
C) Debit to Insurance Expense for $1,000.
D) Debit to Insurance Expense for $1,500.
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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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