Exercise $5-21($Algo$)$ Prepaid expenses$-$insurance LO $5-10$

$[$The following information applies to the questions displayed below.$]$

A company makes the payment of a one$-$year insurance premium of $$4,800$ on April $1,2022.$

Exercise $5-21($Algo$)$ Part b $(1)$

b$-1.$ Use the horizontal model to show the amount of insurance premium "used" at the end of the month.

Note: Enter decreases to account balances with a minus sign.