FINN ACCT Q e Search References Mailings Review View Help 9. On January 1, 2021, George Company paid $45,000 in cash for insurance covering the year 2021. Which of the following would be the correct journal entry to record this transaction? A) Insurance expense 45.000 Cash 45,000 B) Cash 45,000 Insurance expense 45,000 45.000 C) Prepaid insurance Cash 45,000 D) Cash 45,000 Prepaid insurance 45,000 DOLL