Blossom Company purchased a 12-month insurance policy on March 1, 2022 for $3600. At March 31, 2022, the adjusting journal entry to record expiration of this asset will include: a debit to Insurance Expense and a credit to Prepaid Insurance for $300. a debit to Prepaid Insurance and a credit to Cash for $3600. O a debit to Insurance Expense and a credit to Cash for $300. O a debit to Prepaid Insurance and a credit to Insurance Expense for $360