Adjustment F - insurance expense and to decrease(credit...

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Adjustment F : Mr. Green must record the expiration of one twelfth of his company's insurance  policy. Since the annual premium is $1,200, he makes a $100 adjusting entry to increase (debit) 
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Unformatted text preview: insurance expense and to decrease (credit) prepaid insurance....
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This note was uploaded on 11/14/2011 for the course ACCT 1310 taught by Professor Staff during the Fall '10 term at Texas State.

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