On april 1, a company paid the $3,900 premium on a three-year insurance policy with benefits beginning on that date. what amount of the insurance expense will be reported on the annual income statement for the year ended december 31?

$975

Explanation:

Date of purchase of insurance premium is April 1

Cost = $3,900

Period of cover = 3 years

Annual amortization = $3,900/3

                                  = $1,300

Since the premium was purchased on April 1, it would have been amortized for 9 months (between April and December).

Therefore amount to be reported

= (9/12) × $1,300

= $975

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

answer; /// multipotentialite means a person who have many different interests and creative pursuits in life; (one true calling);

polymath; means a person   of wide-ranging knowledge or learning;

scanner; means; a device that captures images from photographic prints,posters,magazine pages.ect;