Question 14 (4 points) Which of the following is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of $14,000 and unexpired insurance of $3,000, for the fiscal year ending on April 30? OOC debit Insurance Expense, $14,000; credit Prepaid Insurance, $14,000 debit Insurance Expense, $11,000; credit Prepaid Insurance, $11,000 debit Prepaid Insurance, $11,000; credit Insurance Expense, $11,000 debit Insurance Expense, $3,000; credit Prepaid Insurance, $3,000