Question
The journal entry to record the adjustment of prepaid insurance from the worksheet would be a. A debit to insurance expense and a credit
The journal entry to record the adjustment of prepaid insurance from the worksheet would be a. A debit to insurance expense and a credit to cash. b. A debit to prepaid insurance and a credit to cash. c. A debit to insurance expense and a credit to prepaid insurance. d. None of these choices are correct.
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
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