Indicate whether the debit or credit total is higher and by


The payment of an insurance premium of $5,400 for a three-year policy was debited to Prepaid Insurance for $5,400 and credited to Cash for $4,500.
Indicate whether the debit or credit total is higher and by how much.

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Accounting Basics: Indicate whether the debit or credit total is higher and by
Reference No:- TGS0915922

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