What is the entry to close the appropriate insurance account at the end of the accounting period? Hint: think about both Prepaid Insurance and Insurance Expense and decide which of these accounts gets closed out! O A) debit Insurance Expense; credit Retained Earnings OB) debit Prepaid Insurance; credit Retained Earnings O C) debit Retained Earnings; credit Prepaid Insurance O D) debit Retained Earnings ; credit Insurance Expense