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QUESTION 12 On 23 August Ostrich Ltd paid $825 cash for an 18-month insurance policy including 10% GST. Which of the following is the general

QUESTION 12 On 23 August Ostrich Ltd paid $825 cash for an 18-month insurance policy including 10% GST. Which of the following is the general journal entry to record the payment? O Cash 750 Prepaid insurance 750 750 Prepaid insurance GST payable Cash 75 825 Prepaid insurance GST receivable Cash 750 75 825 Insurance expense GST payable Prepaid insurance 675 75 750

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