shrksndngr
Feb 2, 2011, 10:45 AM
I have a Dr. balance for Prepaid insurance of $3240 in my unadjusted trial balance as of Mar. 31.
"Three more months have passed since the company purchased the annual insurance policy at the cost of $4320."
What accounts do I use when adjusting, and for how much?
"Three more months have passed since the company purchased the annual insurance policy at the cost of $4320."
What accounts do I use when adjusting, and for how much?