At 1.Jan.2019, Sbitany company purchased an insurance premium total of $6,000 for two years starting 1.Jan.2019. the Adjusting entry at 30.6.2019 will be: (assume the company prepares semi-annual financial statements) Select one: a. Debit Insurance Expense 1,500; Credit Prepaid Insurance 1,500 O b. Debit Prepaid Insurance 1,500; Credit Insurance Expense 1500 c. Debit Insurance Expense 3,000 Credit Prepaid Insurance 3.000 d. Debit Insurance Expense 250: Credit Prepaid Insurance 250