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Aiden Yoon paid the fire insurance premium of $3,000 for the Yoon Caf on June...

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Accounting

Aiden Yoon paid the fire insurance premium of $3,000 for the Yoon Caf on June 27th. The insurance coverage is from July 1st through December 31st. Monthly financial statements are prepared for the Yoon Caf.

2) What is the monthly insurance expense for each month over the insurance coverage period?

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