35 of stion (1) On January 2, 2016, Tucson Co. purchased a general liability insurance policy for $3,600 for coverage for the calendar year. The entire $3,600 was charged to Insurance Expense on January 2, 2016. If the firm prepares monthly financial statements, the proper adjusting entry on January 31, 2016, will be: Select one: Oa. Prepaid Insurance..... Insurance Expense.... O b. Insurance Expense.. Prepaid Insurance... c. Prepaid Insurance... 3,300 Insurance Expense.... d. Insurance Expense.... Prepaid Insurance.. Windows erm exam Jump to hp 300 300 300 300 3,300 3,300 3,300 Previous page Next page BD 12 13 C 14 O 15 f6 D 17 B 18 B 19 a f10 F11 F12 @ 3 # $ % 4 5 89 & 7 8 9 7 8 9 W E LT R TY