A trader paid insurance premium of N45,000 for 15 months ended 31st March, 2000. He prepares the account to 31st December. How much is carried in the Balance Sheet at 31st December, 2000? by Sunday | Jun 5 | Accounting WAEC | 0 comments A. N45,000 B. N12,000 C. N9,000 D. N4,500 Correct Answer: Option C C. N9,000 Users Also Read These:Rent owing as at 31st December 1998, N800. Rent paid…A club received rent N10,000 and donation N30,000.…A merchant paid ₦180,000 on rent for 18 months bu…A trader paid insurance premium of N45,000 for 15…A trader paid insurance premium of N45,000 for 15…