A company paid the $1,350 premium on a three-year insurance policy on April 1,2015. The policy gave protection beginning on that date. How many dollars of the premium will appear as an expense on the calendar year 2015 income statement assuming the accrual basis of accounting? Assuming the cash basis of accounting? $1350 accrual basis; $337.50 cash basis $450 accrual boss: $450 cash b 5337.50 accrual basis $1.350 cash b $1,012.50 al ba $1350 cash bas $1,350 acc 1250 acham 5:3 Clear select An error is indicated if the following account has a balance appearing on the post-closing trial balance: O Office Equipment Accumulated Depreciation, Office Equipment Depreciation expense, Office Equipment Ted Nash, Capital Salaries Payable Which of the following is the final step in the accounting cycle? Journalizing O Preparing an adjusted trial balance Preparing a post-closing trial balance O Preparing the statements Preparing a worksheet soft is derived from 5:3 5:3