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Author Question: Doug paid $960 on a one-year insurance policy on March 1. The entry included a debit to Prepaid ... (Read 32 times)

jparksx

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on: Nov 11, 2019
Doug paid $960 on a one-year insurance policy on March 1. The entry included a debit to Prepaid Insurance. The adjusting entry on December 31 would include a
◦ debit to Cash for $960; and credit to Prepaid Insurance for $960.
◦ debit to Insurance Expense for $800; and a credit to Prepaid Insurance for $800.
◦ debit to Prepaid Insurance for $800; and a credit to Cash for $800.
◦ debit to Insurance Expense for $960; and credit to Prepaid Insurance for $960.
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Marked as best answer by jparksx on Nov 11, 2019

Carissamariew

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Reply #1 on: Nov 11, 2019
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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jparksx

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

Jossy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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