Lenecia corporation paid $20,000 cash in advance for insurance to cover the next year. TThe appropriate debit and credit are: Select one: O a. Debit Prepaid Insurance $20,000, credit Cash $20,000. O b. Debit Prepaid Insurance $20,000, credit Insurance Expense $20,000. O c. Debit Insurance Expense $20,000, credit Prepaid Insurance $20,000. O d. Debit Cash $20,000, credit Prepaid Insurance $20,000