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Brooke company unadjusted and adjusted trial balances

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Reference no: EM13890793

The following information is taken from Brooke Company's unadjusted and adjusted trial balances.

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Given this information, which of the following is likely included among its adjusting entries?
a. A $400 debit to Insurance Expense and an $800 debit to Interest Payable.
b. A $400 debit to Insurance Expense and an $800 debit to Interest Expense.
c. A $400 credit to Prepaid Insurance and an $800 debit to InterestPayable.

Reference no: EM13890793

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