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Required information [The following information applies to the questions displayed below A company makes the payment of a one-year insurance premium of $4,368 on March 1, 2019. b-1. Use the horizontal model to show the amount of insurance premium "used" that month. (Use amounts with + for increases and amounts with-for decreases.) Incoe Balance Sheet Stockholders' Equity Revenues Net Income Liabilities Assets for increases and Income Statement Expenses Revenues e
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