on the end-of-period spreadsheet, prepaid insurance has a balance of $2400 in the unadjusted trail...
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Accounting
on the end-of-period spreadsheet, prepaid insurance has a balance of $2400 in the unadjusted trail balance debit column and an adjustment of $200 in the adjustments credit column. what amount should appear for prepaid insurance in the adjusted trail balance column and ultimately the balance sheet?
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