Question: 35 Compute the amounts indicated by question marks for each of the following Prepaid Insurance situations. For situations A and B, make the needed journal

3–5 Compute the amounts indicated by question marks for each of the following Prepaid Insurance situations. For situations A and B, make the needed journal entry. Consider each situation separately.

Beginning Prepaid Insurance Payments for Prepaid Insurance during the year Total amount

Beginning Prepaid Insurance Payments for Prepaid Insurance during the year Total amount to account for Ending Prepaid Insurance Insurance Expense Situation A B C D $4,200 $6,000 $16,800 $6,800 19,800 ? 13,200 ? ? 30,000 15,600 18,000 6,000 ? 6,000 $12,000 $25,000 $9,600

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