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Record the following transaction. Every answer box requires a response. Catlyn Company had the following transaction in August. Catlyn Company prepares monthly financial statements Catlyn Company pays $4,200 for a three-month insurance policy. The coverage begins on September 1st. Account abbreviations Asset choices Liability choices X No account needed X No account needed AR Accounts receivable IP Interest payable Sup Supplies WP Wage payable PrRent Prepaid rent RP Rent payable Prins Prepaid Ins UP Utilities payable PPE Property, plant equip. UR Unearned revenue NP Note payable Assets Liabilities Equity Account: Cash X V Account X v Contributed Retained Payable Capital Earnings Amount: 0 V 0 v 0 v 0 v 0 V 0 v