A(n) ______________________________ is a series of actions or ...

[sabina]

A(n) ___________________ ___________ is a series of actions or operations leading to a particular and usually desirable result.
 Fill in the blank(s) with correct word

Question 2

Prepaid insurance had a balance of 1,000 on the company's December 31, 2011 balance sheet. On June 1, 2012, the company paid an additional insurance premium of 3,000.
 
  Prepaid insurance had a balance of 1,250 on the company's December 31, 2012 balance sheet. How much cash paid for insurance will be reported on the company's statement of cash flows for the year ended December 31, 2012?
  A) (1,000)
  B) (3,000)
  C) (1,250)
  D) (4,000)

[essyface1]

Answer to Question 1

process

Answer to Question 2

B