An accountant made the following adjustments at December $31,$ the end of the accounting period:

$($Click the icon to view the adjustments.$)$

Read the requirements.

a$.$ Prepaid insurance, beginning, $$500.$ Payments for insurance during the period, $$2,000.$ Prepaid insurance, ending, $$400.$

Journal Entry

$\backslash$table$[[,$Accounts,Debit,Credit$],[$a$.,$Insurance Expense,$2,100,],[,$Prepaid Insurance,,$2,100]]$

b$.$ Interest revenue accrued, $$2,500.$

Journal Entry

$\backslash$table$[[$Accounts$,$Debit$],[,]]$