New Zealand Adjusting entries


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Apr 13, 2018
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I can't work this out. Can someone please help me? I am hung up on the fact that the adjusting entry is more than the trial balance and I don't know what to do?

Trial balance as at 31 Mar 18 (the company started operation on 1 April 17)
Insurance Expense 3,300DR

Annual insurance premium of $3,600 was paid on 1 April 2017.

what does the adjusting entry look like? how did you achieve that?

Thank you
 
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