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    smyrtle's Avatar
    smyrtle Posts: 1, Reputation: 1
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    #1

    Feb 9, 2009, 02:12 PM
    Debit or Credit
    The expected balance in Prepaid Insurance
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 9, 2009, 06:44 PM

    This is a Current Asset, therefore the normal balance will be a Debit balance.

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