Tung Yum Foods purchased a two-year fire and extended coverage insurance policy on August 1, 2013, and charged the $4,200 premium to Prepaid Insurance. At its December 31, 2013, year-end, Yummy Foods would record which of the following adjusting entries? Select one: A. Insurance expense : Dr ($) 875 Prepaid insurance : Dr ($) 3325 Insurance payable : Cr ($) 4200 B. Insurance expense : Dr ($) 875 Prepaid insurance : Cr ($) 875 O C. Prepaid insurance : Dr ($) 3325 Insurance expense: Cr ($) 3325 D. Prepaid insurance : Dr ($) 875 Insurance expense: Cr ($) 875