On November 1, 2009, a company paid a $15, 300 premium on a 36-month insurance policy for beginning on that date. Refer to that policy and fill in the blanks in the following table. Determining assets and expenses for accrual and cash accounting Check 2011 insurance expense: Accrual %5, 100; Cash, $0. Dec 31, 2011, asset: Accrual, $4, 250; Cash, %0. On November 1, 2009, a company paid a $15, 300 premium on a 36-month insurance policy for beginning on that date. Refer to that policy and fill in the blanks in the following table. Determining assets and expenses for accrual and cash accounting Check 2011 insurance expense: Accrual %5, 100; Cash, $0. Dec 31, 2011, asset: Accrual, $4, 250; Cash, %0