Question 47 4 pts On June 15th paid $1,800 for six months of insurance coverage. The insurance coverage will begin on July 15 Account Name Debit Credit A. Prepaid Insurance 900 Cash 900 B. Insurance Expense 900 Cash 900 C. Insurance Expense 1,800 Cash 1,800 1,800 D. Prepaid Insurance 1,800 Cash Answer A O Answer B O Answer Answer D O None of the answers are correct. Question 48 4 pts Record the required adjusting entry on September 30th for the insurance in transaction Q47. Since the purchase of the insurance on June 15th, there have not been any adjusting entries made related to the insurance. Account Name Debit Credit 900 A. Insurance Expense Cash 900 900 B. Insurance Expense Prepaid Insurance 900 C. Insurance Expense 450 450 Prepaid Insurance 450 D. Insurance Expense 450 Cash O Answer A O Answer B O Answer Answer D None of the answers are correct