quity. Question 4 (2 points) Alejandro Consulting paid $2,500 cash for a 5-month insurance policy that begins on March 1. Given the choices below, determine the general journal entry that Alejandro Consulting will make to record the cash payment. Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts. Debit cash $2,500; Credit Prepaid Insurance $2,500 Debit cash $2,500; Credit Insurance Expense $2,500 Debit Prepaid Insurance $2,500; Credit Cash $2,500 Debit Insurance Expense $2,500; Credit Cash $2,500 Greenlawn Co provides landscaping services to clients. On July 1, a customer paid GreenLawn $50,000 for 3-months services in advance Greenlawn's general journal entry to record this transaction will include a Credit to Accounts Receivable for $25,000, Credit to Cash for $50,000. Credit to Unearned Revenue for $50,000. O Debit to Unearned Revenue for $50,000