Question Not yet answered On 12/31/14, the Cheboygan Company received $2,000 for prepaid insurance and recorded the entire amount as revenue. The policy covered the period 1/1/15 to 12/31/15. Points out of 2.00 The error was discovered on 1/10/16; the 2015 books are still open. The correcting journal entry will include what entry to 1/1/15 Retained Earnings? Flag question Select one: O O O O a. $1,000 debit b. S1,000 credit c. $2,000 debit d. $2,000 credit