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On June 30, 2015, the Turl Company purchased a two-year fire insurance policy. Turi recorded the purchase by dobiting Prepaid Insurance and crediting Cash for

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On June 30, 2015, the Turl Company purchased a two-year fire insurance policy. Turi recorded the purchase by dobiting Prepaid Insurance and crediting Cash for $10.000. What is the balance in the prepaid Insurance Account on 11/11/20178 (When writing your answer do not use commas or sign of the dollar. For example, if your answer is $1.500, write it as 1500)

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