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i dont understand what i am supposed to put in the blank 1100 maloukoodln( 2 of 17 Concepts completed 0 Duo in less than 12

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1100 maloukoodln( 2 of 17 Concepts completed 0 Duo in less than 12 hours Fill in the Blank Question On December 1, a company pays $3,600 for a 36 month insurance policy. After one month accrual accounting requires $ 100/3,600) of insurance expense be reported on the income statement ending December 31. However, if cash basis accounting is used, $ (100/3,600) of insurance expense would be reported at the time of purchase

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