Question: Please verify answer: Question 14 Sidhu Corporation moved into its new premises on December 1, 2018. At that time, it paid $6,000 for a one-year

Please verify answer:

Please verify answer: Question 14 Sidhu Corporation moved into its new premises

Question 14 Sidhu Corporation moved into its new premises on December 1, 2018. At that time, it paid $6,000 for a one-year insurance policy. On December 1, 2018, how should the corporation have recorded this transaction in its accounting records? O a debit to Cash and a credit to Insurance Expense O a credit to Insurance Revenue and a debit to Cash a debit to Prepaid Insurance and a credit to Cash O a debit to Insurance Expense and a credit to Cash

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