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Business paid 2-year insurance for $3,600. Please show which of the following entries is right O A. Dr. Insurance Premium 3,600; Cr. Cash 3,600 OB.

Business paid 2-year insurance for $3,600. Please show which of the following entries is right O A. Dr. Insurance Premium 3,600; Cr. Cash 3,600 OB. Dr. Prepaid Insurance 3,600; Cr. Cash 3,600 O C. Dr. Insurance 3,600; Cr. Cash 3,600 OD. Dr. Insurance Expense 3,600; Cr. Cash 3,600

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