Business, 20.09.2019 03:00 xxaurorabluexx

The correct amount of prepaid insurance shown on a company’s december 31, 2021, balance sheet was $1,400. on may 1, 2022, the company paid an additional insurance premium of $1,100. in the december 31, 2022, balance sheet, the amount of prepaid insurance was correctly shown as $1,000. the amount of insurance expense that should appear in the company’s 2022 income statement is:

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The correct amount of prepaid insurance shown on a company’s december 31, 2021, balance sheet was $1...