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Question 23 One Month of 8 Month s Worth of Prepaid Insurance Costing $1,200 Expired. What would be the Adjusting Entry for the Prepaid Insurance

Question 23 One Month of 8 Month s Worth of Prepaid Insurance Costing $1,200 Expired. What would be the Adjusting Entry for the Prepaid Insurance Used Up During the Month? _ _ _ ($ Amount)

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