TRANSACTION ANALYSIS: Dartmouth Ties Corporation is a merchandising company that has been in operation for two years. The company sell high-end ties for men. They purchase their inventory from overseas companles with fair trade agreements and seil their products in the U.S. Below find a number of activities that occurred during the year. Please select the correct journal entry for each transaction. Transactions that are related will have the same transaction number. (Answer Q.17 to Q.33) Q28. Transaction 4C - December 31. 2018: prepare adjusting entry for the insurance expired during the year. The appropriate transaction would be recorded as: A. Debit: Insurance Expense; Credit: Allowance for Insurance B Debit: Prepaid Insurance; Credit: Insurance Expense. c. Debit: Prepaid Insurance; Credit: Cash. D. Debit; Insurance Expense; Credit: Prepaid Insurance. TRANSACTION ANALYSIS: Dartmouth Ties Corporation is a merchandising company that has been in operation for two years. The company sell high.end ties for men. They purchase their inventory from overseas companies with fair trade agreements and sell their products in the U.S. Below find a number of activities that occurred during the year. Please select the correct joumal ensry for each transaction. Transactions that are related will have the same transaction number. (Answer Q.17 to Q.33) Transaction 5: Declared that the company would pay $30,000 in cash dividends to investors next month. Q29. Indicate the account title to be debited by $30,000. A. Acct Receivable B. Acct Payable C. Cash D.Retained Earnings ENone TRANSACTION ANALYSIS: Dartmouth Ties Corporation is a merchandising company that has been in operation for two years. The company sell high-end ties for men. They purchase their inventory from overseas companies with fair trade agreements and sell their products in the U.S. Below find a number of activities that occurred during the year. Please select the correct journal entry for cach Iransaction-Transactions that are related will have the same transaction number. (Answer Q.17 to Q.33 ) Transaction 5: Declared that the company would pay $30,000 in cash dividends to investors next month. Q30. Indicate the account title to be credited by $30,000 A Acet Receivable