Accounting question HELP (AS)

[totaldivine]

HEY CAN SOMEBODY PLZ TELL ME HOW TO SOLVE THIS

A company's accounting year end is 31 december. It always pays its insurance anually in advance on the due date 1 Sept. During the last few years following insurance premiums have ben paid
YEAR 1 2400
YEAR 2 2750
YEAR 3 3840
What will be charged for insurance in the company's P & L account for Year 3?

 

[totaldivine]

i got it the year end is 31 dec but the payment is made on sept and note that this payment is annual so it must be the due date if not mentioned so the amount recieved is for the 12 months (4 crrent year 8 next year) divide 2750 by 12 and multiply by 8 to get the expense for the 8 months of year 3 which is 1833 then divide 3840 by 12 and multiply by 4 to get the expense for remaining four months of year 3 which is 1280 add both to get 3113

HEY CAN SOMEBODY PLZ TELL ME HOW TO SOLVE THIS

A company's accounting year end is 31 december. It always pays its insurance anually in advance on the due date 1 Sept. During the last few years following insurance premiums have ben paid
YEAR 1 2400
YEAR 2 2750
YEAR 3 3840
What will be charged for insurance in the company's P & L account for Year 3?