% ; , Sat 10:26 PM a culearn.carleton.ca ral MyCarleton Emal You are logged in as Jiawer Xu (Log out Beach Company paid $ 3926 on June 1, 20x8 for a two-year insurance policy and recorded the entire amount as Insurance Expense. The December 31, 20x8 adjusting entry is: Select one: a. Debit Insurance Expense and credit Prepaid Insurance, $2781 b. Debit Prepaid Insurance and credit Insurance Expense, $1145 c. Debit Prepaid Insurance and credit Insurance Expense, $2781 d. Debit Insurance Expense and credit Prepaid Insurance, $1145 Check