Question 27 (1 point) On September 1, 2013, Mankato Manufacturing paid $3,600 for a one year insurance policy that will be in effect from Sept. 1, 2013 through August 31, 2014. What entry should Mankato Manufacturing make on September 1, 2013? debit insurance expense $3600; credit cash $3600 debit prepaid insurance $3600; credit cash $3600 debit prepaid insurance $1200; credit insurance expense $1200 debit insurance expense $1200; credit prepaid insurance $1200