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:XYZ Ltd's total sales was #100,000. It had opening…Rent owing as at 31st December 1998, N800. Rent paid…A trader started business with #30,000 and spent…Opening creditors was N65,000, closing creditors was…Rent owing as at 31st December 1998, N800. Rent paid…