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Business, 01.11.2019 04:31, kylieweeks052704
Bristol, inc. paid $800 for a 4-month insurance policy on august 1 of the current year. on august 31, bristol, inc. made an adjusting entry to account for the insurance that expired during the month of august. the adjusting entry contained a debit to insurance expense in the amount of and a credit to prepaid insurance in the amount of the remaining balance in the prepaid insurance account after the adjustment was
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Bristol, inc. paid $800 for a 4-month insurance policy on august 1 of the current year. on august 31...
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