A provider of health insurance received payment of

A provider of health insurance received payment of

A provider of health insurance received payment of A provider of health insurance received payment of $24,000 cash from a customer forinsurance coverage for the next two years. Recording the receipt of this cash will requirewhich of the following? A) Withdrawals to be debited, an asset to be credited B) A liability to be debited, an asset to be credited C) An asset to be debited, capital to be credited D) An asset to be debited, a liability to be credited E) One asset to be debited, another asset to be credited

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