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Not sure what went wrong... stuck on this answer On October 1,...

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Accounting

Not sure what went wrong... stuck on this answer image
On October 1, 2015, a company paid an $18,000 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the following table. Answer is complete but not entirely correct. Balance Sheet Income Statement Prepaid Insurance Insurance Expense Accrual Cash Accrual Cash Basis Basis Basis Basis $ 13,000 $ 0 2015 $ 5,000 $ 18,000 7,000 0 2016 6,000 0 Dec 31. 2015 Dec 31, 2016 Dec. 31 2017 Dec. 31. 2018 1,000 02017 6,000 0 0 o2018 Total 1.000 3 0 18,000 $ 18,000 $

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