Mackenzie Insurance Company collected a premium of $15,000 for a 1-year insurance policy on May...
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Accounting
Mackenzie Insurance Company collected a premium of $15,000 for a 1-year insurance policy on May 1. What amount should Mackenzie report as a current liability for ?Unearned Insurance Revenue at December 31 .a $0 .b $10,000 O .C $5,000 O .d $15,000
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