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soldier1979 [14.2K]
2 years ago
9

10

Business
1 answer:
nata0808 [166]2 years ago
7 0

Answer:

cuvuvigigigigig88g8gigigig8fi

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Answer:

Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400

Explanation:

The journal entry is given below:

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Here the insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets

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