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What prepaid insurance account will have a debit balance of

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Problem 1: Murphy, Inc. prepaid $8,400 on October? 1, 2018 for a one-year insurance premium. Coverage begins October 1. On January? 1, 2019? (after December 31? adjustments), the Prepaid Insurance account will have a debit balance of? ________.

Reference no: EM132982478

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