9) On March 1 of Year 1 , a company paid $2,400 cash for insurance. This $2,400 insurance payment covers the period from March 1 of Year 1 to February 28 of Year 2. Which debit or credit is correctly included in the adjusting journal entry necessary on December 31 with respect to this insurance paid in advance? Credit to insurance expense for $400. Debit to insurance expense for $2,000. Credit to insurance expense for $2,000. Debit to insurance expense for $400. 0) What is one of the two main criteria in the revenue recognition principle? The earnings process is substantially complete. The revenue targets for the period have been reached. The necessary documentation has been filed. Substantial evidence of budget approval has been received