Question: For Questions 36-38 refer to problem below: On August 1, 2020, Tempest Company bought a property insurance for 450,000 pesos. The insurance policy is

For Questions 36-38 refer to problem below: On August 1, 2020, Tempest Company bought a property insurance for 450,000 pesos. The insurance policy is good for 3 years. Question 36 How much is the balance of prepaid insurance as of December 31, 2021? Blank 1 Blank 1 Add your answer Question 37 How much is the balance of prepaid expense as of December 31, 2021? Blank 1 Blank 1 Add your answer Question 38 How much is the balance of prepaid insurance as of December 31,2022? Blank 1 Blank 1 Add your answer 1 Point 1 Point 1 Point

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