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A trader paid insurance premium of N1 350 for 1... - WAEC Accounting 1992 Question

A trader paid insurance premium of N1,350 for 15 months ended 31st March 1991. He prepares to 31st December. How much is carried in the Balance Sheet at 31st December 1990?
A
N1,350
B
N1,080
C
N338
D
N270
correct option: d
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