Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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