Question: Details of a company's insurance policy are shown below: Premium for year ended 31 March 2008 paid April 2007 Premium for year ending 31

Details of a company's insurance policy are shown below: Premium for year ended 31 March 2008 paid April 2007 Premium for year ending 31 March 2009 paid April 2008 $25,920 $28,800 What figures should be included in the company's financial statements for the year ended 30 June 2008?

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