Journal entry worksheet

$1$ sin

$3$

$4$

$5$

$6$

$>$

The Prepaid Insurance account had a $$20,000$ debit balance at December $31$ before adjusting for the costs of any expired coverage for the year. An analysis of prepaid insurance shows that $$12,880$ of unexpired insurance coverage remains at year$-$end.

Notea Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$b$.,,,],[,,,],[,,,],[,,,]]$