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TB MC Qu. 3-141 (Algo) Jeannie's Apples opened for business... Jeannie's Apples opened for business on January 1,2024, and paid for two insurance policies effective

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TB MC Qu. 3-141 (Algo) Jeannie's Apples opened for business... Jeannie's Apples opened for business on January 1,2024, and paid for two insurance policies effective on that date. The liability policy was $41,400 for 18 months, and the crop damage policy was $24,000 for a two-year term. What was the balance in Jeannie's Prepaid insurance account as of December 31, 2024 ? Mutiple Chaice $65,400 $39,600 525,800 $12.000

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