The trial balance for Greeley Corporation appears as follows: Greeley Corporation Cash Accounts Receivable Prepaid Insurance...

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The trial balance for Greeley Corporation appears as follows: Greeley Corporation Cash Accounts Receivable Prepaid Insurance Supplies Trial Balance December 31, 2010 $ 300 500 60 140 4,000 $ 800 300 1,000 1,400 3,000 1,000 500 0 $6.500 $6,500 Office Equipment Accumulated Depreciation, Office Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense If, on December 31, 2010, the insurance still unexpired amounted to $15, the adjusting entry would contain a: debit to Prepaid Insurance for $45. credit to Prepaid Insurance for $15. debit to Insurance Expense for $45. credit to Prepaid Insurance for $15. The trial balance for Greeley Corporation appears as follows: Greeley Corporation Cash Accounts Receivable Prepaid Insurance Supplies Trial Balance December 31, 2010 $ 300 500 60 140 4,000 $ 800 300 1,000 1,400 3,000 1,000 500 0 $6.500 $6,500 Office Equipment Accumulated Depreciation, Office Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense If, on December 31, 2010, the insurance still unexpired amounted to $15, the adjusting entry would contain a: debit to Prepaid Insurance for $45. credit to Prepaid Insurance for $15. debit to Insurance Expense for $45. credit to Prepaid Insurance for $15.