Question: How does this work? At December 31, 2017, before any year-end adjustments,Cheyenne Corp.Prepaid Insurance account had a balance of $5100. It was determined that $2290of

How does this work?

At December 31, 2017, before any year-end adjustments,Cheyenne Corp.Prepaid Insurance account had a balance of $5100. It was determined that $2290of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be:

$2810.

$5100.

$2460.

$2290.

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