Question: The choices in all the drop boxes are increase ordecrease The prepaid insurance account had a balance of ( $ 11,200 ) at the beginning

The choices in all the drop boxes are increase ordecrease The prepaid insurance account had a balance of \( \$ 11,200 \) at the beginning of the year. The account was increased for \( \$ 7,500 \) for premiums on policies purchased during the yeer. What is th 1 answer

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