Question: Please answer both, need some help :) Thanks in advance! Incorrect Question 6 0/1 pts Which of the following represents the owner making an investment

Incorrect Question 6 0/1 pts Which of the following represents the owner making an investment in the business? Debit Drawing. Credit Cash Debit Capital, Credit Cash Debit Cash Credit Drawing Debit Cash Credit Capital Incorrect Question 7 0/1 pts Prepaid Insurance has a balance of $500 before any adjustment. The amount of unexpired insurance is $300. The adjusting entry would be: Debit Cash $500. Credit Prepaid Insurance $500 Debit Insurance Expense $200, Credit Prepaid Insurance $200. Debit Prepaid Insurance $500, Credit Cash $500 Debit Insurance Expense $300, Credit Prepaid Insurance $300
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