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$13,600.00 paid to InsureCo on 22 September 2022 for business insurance was for the 12 months period from 01 September 2022. You have initially recorded
$13,600.00 paid to InsureCo on 22 September 2022 for business insurance was for the 12 months period from 01 September 2022. You have initially recorded this as an expense. You are required to create a manual journal entry to adjust the insurance expenses claimed for the month of 30 September 2022 Narration: Adjust insurance First line: Consider which account is debited Second Line: Consider which account is credited
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