Business, 26.10.2021 06:00 summerjoiner
Fink Insurance collected premiums of $17,700,000 from its customers during the current year. The adjusted balance in the Deferred premiums revenue account increased from $5.0 million to $8.8 million dollars during the year. What is Fink's revenue from insurance premiums recognized for the current year?
a. $22,300,000.
b. $9,500,000.
c. $13,500,000.
d. $17,900,000.
Answers: 1
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Fink Insurance collected premiums of $17,700,000 from its customers during the current year. The adj...
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