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【简答题】
Jimmy Co prepares its financial statements for the year to 30 June each year. The company pays for its insurance quarterly in advance on 1 March, 1 June, 1 September and 1 December each year. The annual insurance premium was $24,000 until 31 August 20X6, after that date it increased to $30,000 per year. Required What insurance expense and end of year prepayment should be included in the financial statements for the year ended 30 June 20X7? A. $29,000 $2,500 B. $29,000 $5,000 C. $28,500 $2,500 D. $28,500 $5,000
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