On July 1, 2005, Beyonce Company paid $1,800 for six months of insurance coverage. No [Archive]

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JoJo7005

Jan 7, 2010, 12:50 PM

On July 1, 2005, Beyonce Company paid $1,800 for six months of insurance coverage. No adjustments
Have been made to the Prepaid Insurance account, and it is now December 31, 2005.
Prepare the journal entry to reflect expiration of the insurance as of December 31, 2005.

morgaine300

Jan 8, 2010, 01:53 AM

We are not here just to answer homework questions for people. Please make an attempt to do the entry. You're welcome to post it and we can guide you from there.