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.Beta Company recorded the following adjusting journal entry on December 31, 2020: Insurance expense $3,800 Prepaid insurance $3,800 On December 31, 2019, the Prepaid Insurance

.Beta Company recorded the following adjusting journal entry on December 31, 2020:

Insurance expense

$3,800

Prepaid insurance

$3,800

On December 31, 2019, the Prepaid Insurance account had a normal balance of $800. During 2020, Beta Company paid additional insurance premiums of $6,000 What is the balance in the prepaid insurance account after the above adjusting entry?

Multiple Choice

$3,000.

$5,700.

$2,700.

$3,200.

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Insurance expense	$3,800
Prepaid insurance			$3,800