Homework Help: accounting

Posted by lynn on Thursday, July 15, 2010 at 7:10pm.

I am showing a $8100 debit balance on prepaid insurance at the end of august. The pre-paid insurance was purchased in Feb. for 12 months. what should my adjusting entry to pre-paid insurance be for the month of Sept. which is the end of my fiscal year? Those are the only figures that have been provided for me.

No one has answered this question yet.

Answer this Question

Related Questions

ACCOUNTING - I have to prepare an adjusting entry for Dec 31, 2008 for prepaid ...
accounting - I have to prepare an adjusting entry for Dec 31, 2008 for prepaid ...
ACCOUNTING plz help thnx - I have to prepare an adjusting entry for Dec 31, 2008...
Accounting - At December 31, 2007, before any year-end adjustments, Bollis ...
Financial Accounting - Prepare adjusting journal entries for the year ended ...
accounting and finance - unadjusted trial balance (December 31,2008): Prepaid ...
Accounting - Adjusting Entries - $750 of insurance expense needs to be accrued. ...
accounting and finance - unadjusted trial balance (December 31,2008)(Bed Bugs R ...
Accounting - Which of the following accounts is decreased by a debit entry? ...
accounting - Linking debit or credit with normal balance C5 Indicate whether a ...

For Further Reading

First Name:
School Subject:
Answer: