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5 1 points Rana Company prepaid insurance account is $8.950 before adjustment, and the unexpeed amount per analysis of policies is $4.360. What is the

5 1 points Rana Company prepaid insurance account is $8.950 before adjustment, and the unexpeed amount per analysis of policies is $4.360. What is the proper adjusting entry at December 31, the end of the accounting period? O Debit Account payable, $3.250, credit insurance expense $1.250 O Debt Insurance Expense, $4500 credit Prepaid insurance $4.590 Debit Prepaid insurance $4,350 credt Insurance expense, $4,300 O Debt Cash, $8.950 Credit Prepaid insurance, $8.950

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