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The Journal entry to update the accounts for prepaid insurance that has expired is which of the following types of adjusting entries? a. Prepaid item

The Journal entry to update the accounts for prepaid insurance that has expired is which of the following types of adjusting entries?

a. Prepaid item

b. Unearned Revenue

c. Accrued Expenses

d. Accrued Revenue

e. Not an adjusting entry

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