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For the information below, prepare in the space provided any adjusting journal entry necensary to bribg the accoints up to date as of December 31,

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For the information below, prepare in the space provided any adjusting journal entry necensary to bribg the accoints up to date as of December 31, 2020, the fiscal year-end of Brady, Ine. If no entry is required, wrive clearly "NO ENTRY" A one-year property insurance policy that was renewed and paid on November 1 . 2020. The entire payment was debited to Insurance Expense. No entry to the account has been made since the renewal of the insurance policy. The $15,560 in Prepaid Insurance remained the same since January 1, 2020

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