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The financial year for Blue Cleaning Services ends on 30 June. The following information is available on 30 June 2018: A 8-year insurance policy was

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The financial year for Blue Cleaning Services ends on 30 June. The following information is available on 30 June 2018: A 8-year insurance policy was purchased on 1/9/2017 (previous year) for $10,000. The purchase was recorded by debiting Prepaid Insurance. Filled in the correct amounts (x) in the necessary adjusting entries at year-end below: Dr. insurance expense Cr. prepaid insurance X

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