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Journalize the purchase of the insurance policy

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Problem - On July 1, 2021, Pharoah Company buys a three-year insurance policy for $10,728. Pharoah Company has a December 31 year end. Journalize the purchase of the insurance policy.

Reference no: EM132814567

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Journalize the purchase of the insurance policy : Problem - On July 1, 2021, Pharoah Company buys a three-year insurance policy for $10,728. Journalize the purchase of the insurance policy
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