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At December 31, 2024, before any year-end adjustments, Kingbird Corp's Insurance Expense account had a balance of $1000 and its Prepaid Insurance account had a

At December 31, 2024, before any year-end adjustments, Kingbird Corp's Insurance Expense account had a balance of $1000 and its Prepaid Insurance account had a balance of $3800. It was determined that $1740 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be $2740. $1000. $2065. $1740

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