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Established to set and maintain high standards for recovery residences, NARR’s goals include ensuring that individuals in recovery have access to safe and recovery-focused living environments that support their journey towards long-term recovery. NARR is a national organization with a unique two-tier organizational structure that combines national reach and influence...
Of the total six-month insurance amounting to $6,000 ($1,000 per month), the insurance for 4 months has already expired. In the entry above, we are actually transferring CARES Act $4,000 from the asset to the expense account (i.e., from Prepaid Insurance to Insurance Expense). Repeat the process each month until...