Stahl Company paid $7,800 on May 1, 2008 for insurance coverage for a one year period beginning that date. The adjusting entry required to recognize insurance expense on December 31, 2008 would have what effect on the financial statements? Inc, A) B) C) D) Assets | =|Liab.|+ Equity Rev. 2.600) NA (2,600) NA 2,600 2.600) 2.600) N 2.600) (2,600) OA (5.200)N -5.200 5) (5.200 ) |-| NA | + (5.200) NA-| 5.200 (5.200 ) NA(2,600) NA2,600 5.200 5.200) OA NA