is this right? please correct me if im wrong or tel what the right answer...
90.2K
Verified Solution
Link Copied!
Question
Accounting
is this right? please correct me if im wrong or tel what the right answer is
c. One month insurance has expired. (On December 1, the business paid $3,000 for a 6-month insurance policy starting on December 1.) Date Accounts and Explanation Debit Credit Dec. 31 Insurance Expense Adj. (C) Prepaid Insurance 3000 3000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
