Indicate which journal entry must be recorded for the following economic event on the exact day of the event January 4th Johanna transfers the insurance contract for her tea equipment from her to the company immediately after she contributed the tea equipment in exchange for company shares. The insurance contract started on October 18 2015. The insurance premium is $900 per year and it was paid in full when signed on October 18 2015, Multiple Choice No journal entry Di Prepeld Insurance $875 and Co 5675 Dr Prepaid insurance $675 and Owners Couty 5675 None of the other traves are correct De Prepad insurance $900 and Cash 3900