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please help (-: On July 1, 2015, a company paid an $16.200 premium on a 36-month insurance policy for coverage beginning on that date. Refer
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On July 1, 2015, a company paid an $16.200 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the following table. Answer is not complete. Balance Sheet Prepaid Insurance Accrual Basis Cash Basis Income Statement Insurance Expense Accrual Cash Basis Basis 15 4,500 $ 16,200 is 2015 6,300 0 Dec. 31 2015 Dec. 31, 2016 Dec 31, 2017 Dec. 31 2018 2016 5.400 0 900 02017 5,400 0 0 0 2018 900 0 Total IS 16.200 $ 16,200 Step by Step Solution
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