rjbEnsna9n8cia rjbEnsna9n8cia

28-05-2017
Business

contestada

Assume that $18,300 cash is paid for insurance to cover the next year. The appropriate debit and credit are:

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lovebugg2016 lovebugg2016

28-05-2017

debit prepaid insurance 17900
credit cash 17900

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melbush melbush

28-05-2017

I think yo have in debit the insurance 18, 300$, because it increases. You have in credit cash-box, because you pay in cash and it decreases with 18, 300$.

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