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What will be general journal entry to record the insurance

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Question - A 12-month liability insurance policy was purchased on August 1, 2021 for $480.00 and an 6-month vehicle insurance policy was purchased on November 1, 2021 for $334.00. What will be the general journal entry to record the insurance usage on November 30, 2021 assuming this adjusting entry is made each and every month?

Reference no: EM133123918

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