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Laramie, Inc

question 114

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Laramie, Inc. signed a contract with a service provider for security services at a rate of $310 per month for the period of January through June. Laramie, Inc. will pay the service provider the entire amount at the end of June. Laramie, Inc. makes adjusting entries each month. During the month of June, it should record total security expense of $620.


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