Romaining Time: 10 minutos, 25 seconds. Question Completion Status: 1 3 > A Moving to another question will save this response. Question 7 Hardwood Supplies Inc. purchased a 12-month insurance policy on March 1, 2017 for 3,000. At March 31, 2017, the adjusting journal entry to will include a debit to Prepaid Insurance and a credit to Cash for 3,000. debit to Prepaid Insurance and a credit to Insurance Expense for 300. debit to Insurance Expense and a credit to Prepaid Insurance for 250 e debit to Insurance Expense and a credit to Cash for 250. A Moving to another question will save this response. MacBook Air