urchas Three months has expired. a. debit to prepaid insurance for $500 b. credit to prepaid insurance for $500 c. credit to insurance expense for $1,500 d. debit to insurance expense for $1,500 3. Accrued interest on note payable amounts a. credit to interest receivable for $100 b. credit to interest expense for $100 c. debit to interest expense for $100 d. debit to interest payable for $100 4. Company received an advance payment for amount was earned to date. a. debit to unearned revenue for $2,700 b. debit to earned revenue for $900 c. credit to earned revenue for $900 d. credit unearned revenue for $2,700