Diane's designs purchased a one-year liability insurance policy on march 1 of a year for $3,960 and recorded it as a prepaid expense. which of the following amounts would be recorded as insurance expense during the adjusting process at the end of diane’s first month of operations on march 31?

$330 transfer from prepaid insurance expense to insurance expense

Explanation:

we can say that on 1st March

The expense would be recorded as

Prepaid insurance account debit  = $3,960

so to cash = $3,960

For prepaid insurance recorded and cash paid

and

for 1 month insurance expense will be

1 month insurance expense =

1 month insurance expense = $330

and

on 31 March

The entry will be

insurance expense account debit =  $330

so

To prepaid insurance $330

so $330 transfer from prepaid insurance expense to insurance expense

answer; i believe the correct answer is (form utility); good luck

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.