Gizmo Inc. purchased a one-year insurance policy on October 1 for $4,920.

Glzmo Inc. pumased a onedysa: Insurance palIcy an October 1 for $4,920. CHART OF ACCOUNTS Mulnd: Glzmo Inc. Praparsmoaajusngsmlyonmosmberst Hefarmmoazmofmunbmrsmwotdimafmaumm Gen-III Ludw ASSETS REVENUE 11 Cam 41 Fees Earned 12 Accounts RaoerabIe EXPENSES 18 Supplies 51 Adverslng 14 Pmpald Expense Insurance 52 Insurance 16 Ofce Expense Bulldlng 53 lnIsrest 17 Aowmulamed Exams Depredallon 54 Wages Omoe Expense Building 55 Supplies Expense LIABILITIES 56 UIIIMes 21 Accoums Expense W] JOURNAL Score: 19/15 DATE DBCRIFTION I POST. REF. DEBIT CREDIT 1 Dean" Prepaid Insurance " 359090 1 Insurance Expense 'I 3,690.00 R Pans: ~SVM'6