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Olsen Company Paid or Collected During 2014 the Following Items

Question 89

Multiple Choice

Olsen Company paid or collected during 2014 the following items: Olsen Company paid or collected during 2014 the following items:   The following balances have been excerpted from Olsen's balance sheets:   The insurance expense on the income statement for 2014 was A)  $20,400. B)  $25,200. C)  $26,400. D)  $31,200. The following balances have been excerpted from Olsen's balance sheets: Olsen Company paid or collected during 2014 the following items:   The following balances have been excerpted from Olsen's balance sheets:   The insurance expense on the income statement for 2014 was A)  $20,400. B)  $25,200. C)  $26,400. D)  $31,200. The insurance expense on the income statement for 2014 was


A) $20,400.
B) $25,200.
C) $26,400.
D) $31,200.

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