Question: E3-4 Compute the amounts indicated by question marks for each of the following situations for Prepaid Insurance. For situations A and B. journalize the needed

E3-4 Compute the amounts indicated by question marks for each of the following situations for Prepaid Insurance. For situations A and B. journalize the needed entry. Consider each situation separately.

Beginning Prepaid Insurance. Payments for Prepaid Insurance during the year. Total amount to account for. Ending Prepaid Insurance. Insurance Expense...... Situation B C D $ 450 $500 $ 900 $ 600 1,400 1,100 ? ? 2,000 1.500 250 400 700 ? $900 $1,200 $ 800

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