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Journal entry worksheet The balance in Prepaid insurance represents a 24-month policy that went into effect on December 1 . Review the unadjusted balance in

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Journal entry worksheet The balance in Prepaid insurance represents a 24-month policy that went into effect on December 1 . Review the unadjusted balance in Prepaid insurance, and prepare the necessary adjusting entry, if any. Note: Enter debits before credits. Journal entry worksheet The balance in Prepaid insurance represents a 24-month policy that went into effect on December 1 . Review the unadjusted balance in Prepaid insurance, and prepare the necessary adjusting entry, if any. Note: Enter debits before credits

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