Which “behind the scenes” image shows what happens when you write a check on March 1 to purchase a service that will be consumed over six months?

Transcribed Image Text:

A. Insurance Expense Prepaid Insurance March 1, 20XX 100 100 B. Prepaid insurance Checking March 1, 20XX 100 100 C. Accounts Payable Prepaid Insurance March 1, 20XX 100 100 D. Insurance Expense Checking March 1, 20XX 100 100 A. Insurance Expense Prepaid Insurance March 1, 20XX 100 100 B. Prepaid insurance Checking March 1, 20XX 100 100 C. Accounts Payable Prepaid Insurance March 1, 20XX 100 100 D. Insurance Expense Checking March 1, 20XX 100 100

Answer rating: 100% (QA)

Answer B This is an expense premium for insurance ser... View the full answer