In: Accounting
policy date of purch. months cost
A April 1, 2015 24 $15,840
B April 1, 2016 36 $14,616
C August 1, 2017 12 $13,440
Use the information to prepare adjusting entries as of December 31, 2017
Record the adjusting entry related to the company's insurance.
I don't know how to find the months to times by total months