Question: make an adjusting entries. with asset method and expense method On Aug. 1, a P18,000 premium was paid on a one-year insurance policy. The amount


make an adjusting entries. with asset method and expense method
On Aug. 1, a P18,000 premium was paid on a one-year insurance policy. The amount of the premium was debited to Prepaid Insurance. On Aug. 1, a P18,000 premium was paid on a one-year insurance policy. The amount of the premium was debited to Prepaid Insurance
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