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i mean it’s probably worth like 125 a day cause if its 120,000.00 for 12 months it should be around 200 mabey even 300 a day

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Starr Roar

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2y ago
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Q: Maruhom Shop paid for its insurance last March 1, 2017 for 12 months, worth P120,000.00. The company recorded prepaid insurance and cash in bank in its Book of Accounts. How much is the expired insurance for March 31, 2017?
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