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Corbin's Caf received a bill from the electric company for electricity used. The bill is for $325 and has not been paid yet. What adjusting

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Corbin's Caf received a bill from the electric company for electricity used. The bill is for $325 and has not been paid yet. What adjusting entry would Corbin's Caf make? Account Titles and Explanation Debit Credit On February 1, 2019 Kelly Company purchased a 1 year insurance policy for $1,200. What is the adjusting entry on March 31st? Account Titles and Explanation Debit Credit

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