Use the information provided to calculate the cash paid for insurance for the period
$\begin{array}{|ll|cc|}
\hline \text { } & \text { } & \text { \$}\
\hline \text { } & \text {Prepaid insurance, beginning-year.............. } & \text { 7,000 }\
\hline \text { } & \text { Insurance expense..................................... } & \text { 16,800 }\
\hline\text { } & \text {Prepaid insurance, year-end....................... } & \text { 3,400 }\
\hline \text { } & \text { Cash paid for insurance............................ } & \text { }\
\hline \text { } & \text { } & \text { }\
\hline
\end{array}$

Question

Use the information provided to calculate the cash paid for insurance for the period
 $\begin{array}{|ll|cc|}
 \hline \text {  } & \text {  }  & \text {  \$}\
\hline \text {  } & \text {Prepaid insurance, beginning-year..............  } & \text { 7,000 }\
\hline \text {  } & \text { Insurance expense..................................... } & \text { 16,800 }\
 \hline\text {  } & \text {Prepaid insurance, year-end.......................  } & \text { 3,400 }\
\hline \text {  } & \text { Cash paid for insurance............................ } & \text {  }\
\hline \text {  } & \text {  } & \text {  }\
\hline  
\end{array}$

Quizplus · Accepted Answer

The Answer of Use the information provided to calculate the cash paid for insurance for the period
 $\begin{array}{|ll|cc|}
 \hline \text {  } & \text {  }  & \text {  \$}\
\hline \text {  } & \text {Prepaid insurance, beginning-year..............  } & \text { 7,000 }\
\hline \text {  } & \text { Insurance expense..................................... } & \text { 16,800 }\
 \hline\text {  } & \text {Prepaid insurance, year-end.......................  } & \text { 3,400 }\
\hline \text {  } & \text { Cash paid for insurance............................ } & \text {  }\
\hline \text {  } & \text {  } & \text {  }\
\hline  
\end{array}$

Use the Information Provided to Calculate the Cash Paid for Insurance