Question
JOURNAL ENTRIES: The expired insurance for November for Louis Ruiz Consulting Services is $200. What is the adjusting entry to record the $200 of expired
JOURNAL ENTRIES: The expired insurance for November for Louis Ruiz Consulting Services is $200. What is the adjusting entry to record the $200 of expired insurance?
| a. Dr. Prepaid Insurance 200; Cr. Cash 200 | ||
| b. Dr. Cash 200; Cr. Prepaid Insurance 200 | ||
| c. Dr. Expired Insurance 200; Cr. Cash 200 | ||
| d. Dr. Cash 200; Cr. Expired Insurance 200 | ||
| e. None of the above |
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Public Sector Accounting And Budgeting For Non-Specialists
Authors: G. Jan Van Helden, Ron Hodges
1st Edition
1137376988, 9781137376985
