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Assume that $17,300 cash is paid for insurance to cover the next year. The appropriate...

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Accounting

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Assume that $17,300 cash is paid for insurance to cover the next year. The appropriate debit and credit are O De . O Debit cash $17.300, credit prepaid insurance $17.300. O Debit prepaid insurance $17,300, credit cash $17,300. O Debit insurance expense $17.300, credit prepaid insurance $17,300. bit prepaid insurance $17,300, credit insurance expense $17,300

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