is this right? please correct me if im wrong or tel what the right answer...
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Accounting
is this right? please correct me if im wrong or tel what the right answer is 
c. One month insurance has expired. (On December 1, the business paid $3,000 for a 6-month insurance policy starting on December 1.) Date Accounts and Explanation Debit Credit Dec. 31 Insurance Expense Adj. (C) Prepaid Insurance 3000 3000
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