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Heartland Corporation Records All Insurance Premiums as Prepaid Insurance

Question 94

Multiple Choice

Heartland Corporation records all insurance premiums as prepaid insurance.Additional information for the current year is presented below: Heartland Corporation records all insurance premiums as prepaid insurance.Additional information for the current year is presented below: What were the total amount of insurance premiums paid during the year? A) $225,000 B) $161,000 C) $139,000 D) $150,000 What were the total amount of insurance premiums paid during the year?


A) $225,000
B) $161,000
C) $139,000
D) $150,000

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