urnalize the reversing entry on January $1$ of the current year for the following adjusting journal entry from the prior year. If an amount $x$ does not require an entry, leave it blank.

Journal

$\backslash$table$[[$Date$,$Description,Post Ref.,Debit,Credit$],[$ec$.31,$Insurance Expense,,$2,500,],[,$Insurance Payable,,$2,500,]]$

an$.1$

Previous

Next