Question

unexpired insurance at the end of the fiscal period represents; an accrued asset, an accrued liability, an accrued expense, or a deferred expense?

Answer 1

unexpired insurance at the end of the fiscal period represents; an accrued asset, an accrued liability, an accrued expense, or a deferred expense?

Answer 2

Has the full premium been paid or is this on the "installment plan" and therefore more funds will be owed.

Sra

Answer 3

deferred expense

Answer 4

Accrued assest