Assets Liabilities Common Stock Shareholders' Equity February 1: Wursthaus, Inc., paid $600 cash for three months of insurance coverage that begins February 1. Show the effect of this transaction on the accounting equation. IF THERE IS NO EFFECT, SELECT "O NO EFFECT." Assets Liabilities Shareholders' Equity A. 600 Prepaid Insurance B. 0 No Effect Retained Earnings C. (600) Insurance Expense D. 600 Cash; (600) Prepaid Insurance E. 600 Prepaid Insurance, (600) Cash F. (200) Prepaid Insurance G. 600 Insurance Expense H. (200) Cash 1. (600) Cash

the accounting equetion IF THERE IS NO EFFECT, SELECT "O NO EFFECT" Assets A. 600 Propoid insurance Liabititas B. O No Efllod Sharoholders' Equaly C. (600) insurance Fepense Q. 600 Cash (600) Propaid trsunnece t. 000 Prepast insuranco, (000) Cash 5. (200) Prepais brourmon C. 000 lesuranoe Eperme H. (200) Cavin 1. (roso) Cash