Not yet answered Question 20 Marked out of 0.50 What is the proper adjusting entry at June 30, the end of the fiscal year, based on a prepaid insurance account balance before adjustment, $15,400, and unexpired amounts per analysis of policies of $5,000? a. Debit Insurance Expense, $10,400; Credit Prepaid Insurance, $10,400 b. Debit Prepaid Insurance, $10,400; Credit Insurance Expense, $10,400 C. Debit Insurance Expense, $5,000; Credit Prepaid Insurance, $5,000 d. Debit Insurance Expense, $15,400; Credit Prepaid Insurance, $15,400 Clear my choice =