This question is worth up to 6 points extra credit. You must label your answers with a, b, c and d and use a table to create the journal entries required for a and b. Ava Company is in their 1st year of business. Ava's year ends on December 31. Ava's accountant is reviewing specific accounts at year end and finds that insurance was paid fo 12 months beginning April 1: $3,600. Assume no other adjustments were paid related to this payment throughout the year a. What is the adjusting entry for the year ended December 31 if the payment was initia recorded as an asset? Create a table and write your journal entry in the answer space. Account Debit Credit