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    bety8558 Posts: 2, Reputation: 1
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    Feb 8, 2010, 01:03 PM
    How to calculate prepaid insurance
    12 months prepaid insurance was puchased on Feb 1 of the current year. Preparid insurance balance as of Aug 31 was $8100. What is the balance of prepaid insurance on Sept 31?
    bety8558's Avatar
    bety8558 Posts: 2, Reputation: 1
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    #2

    Feb 8, 2010, 01:05 PM

    12 months prepaid insurance was puchased on Feb 1 of the current year. Preparid insurance balance as of Aug 31 was $8100. What is the balance of prepaid insurance on Sept 31?
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