Prepare in journal entry form the 6 adjusting entries for acme car detailers at year ended 12/31/19.

it is a continued problem*

PART II - Mini Problem Prepare in journal entry form, the following six (6) adjusting entries for Acme Car Detailers (Acme) at year ended 12/31/19: 6. Acme prepaid a year's worth of its insurance on July 1, 2019 amounting to $1,200 as a way to lower its insurance costs. The bookkeeper recorded the prepaid insurance as follows: Prepaid Insurance $1,200 Cash $1,200 To record a year's worth of prepaid insurance. You need to record the adjusting entry for any insurance expense at year-end for the portion of the pre-paid insurance that has now expired or is now used up. As a hint: S600 Debit: Insurance Expense Credit: 2 e 1 of 5 914 Words 120% NI 9X1004 pswi 3 - 0