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Question 35 The trial balance for Greeley Corporation appears as follows: Greeley Corporation Trial Balance December 31, 2010 Cash $ 300 Accounts Receivable 500 Prepaid

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Question 35 The trial balance for Greeley Corporation appears as follows: Greeley Corporation Trial Balance December 31, 2010 Cash $ 300 Accounts Receivable 500 Prepaid Insurance 60 Supplies 140 Office Equipment 4,000 Accumulated Depreciation, Office Equipment $ 800 Accounts Payable 300 Common Stock 1,000 Retained Earnings 1,400 Service Revenue 3,000 Salaries Expense 1,000 Rent Expense 500 $6.500 $6.500 If, on December 31, 2010, the insurance still unexpired amounted to $15, the adjusting entry would contain a: O A. debit to Prepaid Insurance for $45. O B. credit to Prepaid Insurance for $15. OC. debit to Insurance Expense for $45. O D. credit to Prepaid Insurance for $15

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