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1. Account Payable
2. Prepaid Insurance
3. Unearned Revenue
Prepaid insurance has been paid in advance and the balance sheet as of the date of expiration of an insurance premium. The reported exceeding the cost of insurance for the prepaid account of the current property.
option02 right answer
2. Prepaid Insurance......................................................
Prepaid or Advance payments are considered Assets....... Option2 is right answer
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