Multiple Choice
The adjusted balance for Prepaid Insurance is a $724 debit.Insurance Expense for the period was $1,136.What was the balance for Prepaid Insurance on the unadjusted trial balance?
A) $412 debit
B) $412 credit
C) $1,860 debit
D) $1,136 debit
Correct Answer:
Verified
Correct Answer:
Verified
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