Maple Tree Inc purchased a 24-month insurance policy on March 1, 2008 for $4800. At March 31, 2008, the adjusting journal entry to record explration of this asset will include Hot yet Maked out 1.00 P Geson Select one A debit to Prepaid Insurance and a credit to Cash for $200 OB. debit to Insurance Expense and a credit to Cash for $200 C.debit to Prepaid Insurance and a credit to Insurance Expense for $200 D. debit to Insurance Expense and a credit to Prepaid Insurance for $200