On January 1, 2023, the balance in Harrison Company's prepaid insurance account was $5,800. On December 31, 2023, after the 2023 adjusting entries were made, the balance of the prepaid insurance account was $4,000. During 2023, cash payments for insurance premiums amounted to $14,000, which was debited to the prepaid insurance account. When the adjusting entries were prepared on December 31, 2023, what is the amount Harrison recorded for the adjustment and which account was debited? Multiple Choice $9,800; Insurance expense $9,800 Prepaid insurance $15,800; Insurance expense $15,800; Prepaid insurance