Help Save & Exit Submit At the beginning of a period there is a balance of $4,000 in Prepaid Insurance. During this period you purchase an additional $18,000 of insurance. At the end of the period your analysis indicates that $3,000 is the amount applicable to future periods. What would be the proper adjusting entry at the end of this period? Multiple Choice 0 insurance Expense 3,00debitiPrepaid Insurance 3.000 credit) O a Prepaid Insurance 18,000 (debit Insurance Expense 18,000 (credit) 0 Insurance Expense 19,000 (debit. Prepard Insurance 19.000 (credit) 0 0 Insurance Expense 19.000 (debit Cash 19.000 credit) Search o Et e n