Use the Dynamic Exhibit to answer the following questions.

1. The insurance premium in the exhibit covers a period of

one year

six months

two years

2. Using the version for Unearned Rent, you can determine that monthly rent revenue on the land is $

3. Two entries are displayed for which version of the exhibit?

Fees Earned $15,000, Received customer payment on account $9,000

Unearned Rent $1,800

Fees Earned $15,000, Received customer payment on account $0

Prepaid Insurance $7,500

4. The version of the exhibit with an entry to asset accounts only is

Unearned Rent $1,800

Prepaid Insurance $7,500

Fees Earned $15,000, Received customer payment on account $9,000

Fees Earned $15,000, Received customer payment on account $0