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6. In April 1, 2023, Breakstone Company paid $36,000 for three years insurance coverage. In accounting for this item: A. Under the accrual method of

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6. In April 1, 2023, Breakstone Company paid $36,000 for three years insurance coverage. In accounting for this item: A. Under the accrual method of accounting, 2023 insurance expense will be $36,000. B. Under the cash basis of accounting, 2023 insurance expense will be $9,000. C. Under the cash basis of accounting, 2024 insurance expense will be $0 - D. Under the accrual method of accounting, 2023 insurance expense will be $3,000

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