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WebbCustomers with existing RAMS Home & Content or Landlord Insurance. RAMS Home & Contents and Landlord insurance products have been removed from sale effective 29 … WebbThe insurance premium is $ 120,000 per year. Please prepare the journal entry for the insurance premium paid. On 01 June 202X, the company makes a payment of $ 120,000 for the insurance service that will cover 12 months (June 202X-May 202X+1). So ABC does not yet consume the insurance service yet, it is the prepaid expense that will be ... pdp 11/70 specs
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