Annual Insurance Premium of Rs. 7,200 is paid on 1st Jan, 2010. What is the amount of Prepaid Insurance Premium, if the books were closed on 31st March, 2011?
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Annual Insurance Premium of Rs. 7,200 is paid on 1st Jan, 2010. What is the amount of Prepaid Insurance Premium, if the books were closed on 31st March, 2011?