.Paid cash for one-year insurance policy Debit cash and credit prepaid insurance .a O Debit insurance expense and credit cash.b O Debit cash and credit insurance expense.co Debit prepaid insurance and credit cash.d O 1 Purchased equipment and paid 40% and remaining on account Debit Equipment and credit A/P.a .Debit Equipment and credit cash and A/Pb O Debit Equipment and credit cash.co Debit Equipment and cash and credit A/P.d