Aleesha has printed her trial balance in readiness for you to prepare her year end accounts as at 30/11/X0.

However, she has also made some notes about items which she thinks may need adjusting prior to finalising the financial statements.

Note 2: I paid an invoice for 3,000 back in March. This was for my business insurance for the period from Apr X0 through to March next year. Do you need to do something about this?

What adjustment journal needs to be entered in relation to Aleesha's insurance?

DEBIT Answer 1Choose...BankPrepaymentsReceivablesPayablesInsurancePetty cashAccruals CREDIT Answer 1Choose...BankPrepaymentsReceivablesPayablesInsurancePetty cashAccruals

(Select your answer in each dropdown menu)

What is the value of the adjustment journal for the insurance? Answer 2

(Enter the value with no sign, comma or decimal places)