The journal entry to record the adjustment of prepaid insurance from the worksheet would be a....
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The journal entry to record the adjustment of prepaid insurance from the worksheet would be a. A debit to insurance expense and a credit to cash. b. A debit to prepaid insurance and a credit to cash. c. A debit to insurance expense and a credit to prepaid insurance. d. None of these choices are correct. The journal entry to record the adjustment of prepaid insurance from the worksheet would be a. A debit to insurance expense and a credit to cash. b. A debit to prepaid insurance and a credit to cash. c. A debit to insurance expense and a credit to prepaid insurance. d. None of these choices are correct.
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Answer Option C a debit to insurance expense and a credit to prepaid insurance Explanation A... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
Posted Date:
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