this Question: 3 pts 13 of 22 19 complete) Tumbler, Inc. bought a 3-year insurance policy on August 1 for $3,900. Assume no other adjusting entries have been done this fiscal year. The adjusting entry on December 31 would be: O A debit Prepaid Insurance, 5108 credit Insurance Expense, $108. OB. debit Insurance Expense, S542; credit Prepaid Insurance $542 O C. debit Prepaid Insurance, 5542 credit Insurance Expense,5542 OD. debit Insurance Expense, $108; credit Prepaid Insurance, $108