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Pulaski General Hospital's 20X2 statement of operations reported insurance expense of $8,000. Its balance sheets reported prepaid insurance as follows: 12/31/X1 $1,400 12/31/X2 $1,100 What
Pulaski General Hospital's 20X2 statement of operations reported insurance expense of $8,000. Its balance sheets reported prepaid insurance as follows:
12/31/X1 $1,400
12/31/X2 $1,100
What was the amount actually paid in cash for insurance premiums during 20X2?
$ 7,700 |
$ 8,300 |
$ 6,900 |
not enough information |
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