Gn Jandary t, a company purchased a fiveyeor incurance pobcy for $1,900 with coverage starting immedlately. If the purchate was recorded in the Prepald incurance account, atd the company reconos adjusiments ony at year end, the adjustong entry at the end of the first year is: Mulepie Chooce Dibe Piepad varmake, 51900 , credi Cash, $1900 Debt Frepond inurance, 5380 c ceat kounce fopense $380