A company shows a $600 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired insurance of $200. This adjusting entry results in:

	a) $200 less in net income
	b) $200 difference between the debit and credit columns of the Unadjusted Trial Balance
	c) An error in the financial statements
	d) $200 more in net income
	e) $200 of prepaid insurance