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The Borden Company providee the f Not yet Balance sheet Year 2 Year 1 Points out of 1.00 Prepaid insurance Prepaid rent Account payable $130,000

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The Borden Company providee the f Not yet Balance sheet Year 2 Year 1 Points out of 1.00 Prepaid insurance Prepaid rent Account payable $130,000 $1,500 $15,000 $65,000 $97,500$115,000 $120,000 $7,500 $40,000 $55,000 Year 2 Sales Cost of goods sold $425,000 $12,000 $25,000 Rent expense How much cash did Borden pay for ins A $12,000 B. $9.000 C $6.000 DD. $18,000 Previous page

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