Instructions id insurance account had a beginning balance of $8,420 and was debited for $500 for premiums paid during the year. Required Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $6,010 ing entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is S6,010 Refer to the Chart of Accounts for exact wording of account tites Instructions General Journal er 31, assuming the amount of unexpired insurance related to future periods is $6,010. Refer to the Journalize the adjusting entry required on December Chart of Accounts for exact wording of account titles amount of une ed to future periods is $6,0 PAGE 1 JOURNAL DATE DESCRIPTION DEBIT CREDIT