At December 31, 2013, before any year-end adjustments, Macarty Company's Prepaid Insurance account had a balance of $5,680. It was determined that $2,550 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be?

Answer rating: 100% (QA)

unadjusted balance of prepaid insurance 5680 Debit ... View the full answer