Accountancy, asked by pannujasdeep53, 8 months ago

amount of prepaid insurance is for trade​

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Answered by diamondtvchannel
0

Answer:

what question is correct

Explanation:

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Answered by rohitkhannaa19
0

Answer:

The term prepaid insurance refers to payments that are made by individuals and businesses to their insurers in advance for insurance services or coverage. Premiums are normally paid a full year in advance, but in some cases, they may cover more than 12 months. When they aren't used up or expired, these payments show up on an insurance company's balance sheet. as a current asset.

Explanation:

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