At December 31, the unsdjusted trial balance of H&R Tacks reports Prepaid Insurance of $9,120 and Insurance Expense of $0. The insurance was purchased on July 1and provides coverage for 24 months. Requlred: 1 Prepare the adjusting journal entry on December 31. 2 Prepare the T-sccounts for each account, enter the unsdjusted balances, post the adjusting journal entry, and report the adjusted Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance. Prepald ineurance Insurance ExpenBe Beg. Bal Beg. Bal AJE End. Bal. End. Bal Required 1