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tive paya toans pense reported by Happy Company in its 2023 income 36. An analysis of Thrift Corporation's unadjusted prepaid insurance account at December 31,

tive paya toans pense reported by Happy Company in its 2023 income 36. An analysis of Thrift Corporation's unadjusted prepaid insurance account at December 31, 2024 revealed a $6,000 balance. The balance includes: A premium of $1,800 for a one-year insurance policy purchased on March 31, 2024 A premium of $4,200 for a two-year insurance policy purchased on August 1, 2024 Calculate the amount of prepaid insurance shown in Thrift Corporation's December 31, 2024 balance sheet after all appropriate adjustments have been made 4200 1800 +420 boon

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