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5 On March 1, Alejandro Consulting paid $2,500 cash for a 5-month insurance policy that begins that day. Given the choices below, determine the general
5 On March 1, Alejandro Consulting paid $2,500 cash for a 5-month insurance policy that begins that day. Given the choices below, determine the general journal entry that Alejandro Consulting will make to record the cash payment. 133 points San Skepped Multiple Choice Book Account Title Debit Credit Insurance Expense 2,500 Cash 2,500 Account Title Debit Credit Cash 2,500 Insurance Expense 2,500 Account Title Debit Credit Cash 2,500 Prepaid Insurance 2,500 Account Title Debit Credit Insurance Expense 2,500 Cash 2,500 Account Title Debit Credit Cash 2,500 Insurance Expense 2,500 Account Title Debit Credit Cash 2,500 Prepaid Insurance 2,500 Prepaid Insurance Cash 2,500 2,500 Account Title Debit Credit Insurance Expense 2,500 Prepaid Insurance 2,500
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