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Author Question: Caesar & Co. paid $1,000 cash for a two-year insurance policy. The journal entry would require a: (Read 454 times)

student77

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Caesar & Co. paid $1,000 cash for a two-year insurance policy. The journal entry would require a:
◦ debit to Insurance Expense and credit to Cash.
◦ debit to Prepaid Insurance and a credit to Cash.
◦ debit to Insurance Expense and a credit to Retained Earnings.
◦ debit to Insurance Expense and a credit to Accounts Payable.


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Marked as best answer by student77 on Feb 18, 2020

sarahccccc

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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