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At December 31, 2018, before any year-end adjustments, Concord Company's Insurance Expense account had a balance of $2570 and its Prepaid Insurance account had a balance of $3900. It was determined that $2700 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be
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At December 31, 2018, before any year-end adjustments, Concord Company's Insurance Expense account h...
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