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At December 31, 2018, before any year-end adjustments, Marigold Company's Insurance Expense account had a balance of $2420 and its Prepaid Insurance account had a

At December 31, 2018, before any year-end adjustments, Marigold Company's Insurance Expense account had a balance of $2420 and its Prepaid Insurance account had a balance of $3920. It was determined that $2790 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be - $5210 - $2420 - $3550 - $2790

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