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On August 1, 2015, a company paid an $14,400 premium on a 3 that policy and fill in the blanks in the following table. 6-month

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On August 1, 2015, a company paid an $14,400 premium on a 3 that policy and fill in the blanks in the following table. 6-month insurance policy for coverage beginning on that date. Refer to Prepaid Insurance l Basis Insurance Expense Cash Basis Dec. 31, 2015 Dec. 31, 2016 S 14.400 012016 0 2017 0 2018 Total Dec. 31, 2018 O14.400

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