| 12 At 1 July 2004 a company had prepaid insurance of $8,200. On 1 January 2005 the company paid $38,000 forinsurance for the year to 30 September 2005.
 What figures should appear for insurance in the company’s financial statements for the year ended 30 June
 2005?
 Income statement             Balance sheet
 A $27,200                       Prepayment $19,000
 B $39,300                       Prepayment $9,500
 C $36,700                       Prepayment $9,500
 D $55,700                       Prepayment $9,500
 答案回复可见   c |