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The insurance total for the financial year ended 2 9 February 2 0 2 4 was R 1 8 0 0 0 . The amount

The insurance total for the financial year ended 29 February 2024 was R18000. The amount included the payment of an insurance premium of R6000 for the period 01 December 2023 to 30 November 2024. Which of the following statements is correct?
A. The insurance expense for the financial year ended 29 February 2024 was R13500.
B. The prepaid expenses amounted to R1500.
C. The current liabilities will increase by R4500.
D. The current assets will increase by R6000.
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