In December 2012, the company paid $1,800 for insurance for the first six months of 2013. This

Question:

In December 2012, the company paid $1,800 for insurance for the first six months of 2013. This payment was mistakenly recorded as insurance expense in 2012. Make the necessary correcting entry, assuming that
(1) The error was found in August 2013 after the 2012 books had been closed
(2) The error was found in August 2014 after the 2013 books had been closed. Ignore income taxes.