Prepaid Salaries and Wages; balance sheet Question 6 (1 point) Murphy, Incorporated paid $9,600 cash for insurance in June that provides coverag! for six months, from July through December. How much expense should be recognized in June to be in accordance with generally accepted accounting principles? No expense should be recognized in June. $9,600 $1,600($9,6001/6 for the month of June) $4,800