Multiple Choice
At December 31, 2022, before any year-end adjustments, Janus Company's Prepaid Insurance account had a balance of $4,200.It was determined that $1,800 of the Prepaid Insurance had expired.The adjusted balance for Prepaid Insurance for the year would be:
A) $1,800.
B) $2,400.
C) $5,700.
D) $4,200.
Correct Answer:
Verified
Correct Answer:
Verified
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