What journal entry needs to be preformed to show that the insurance accounts are up to date? ( Accounts & amounts )

5. ABC Company paid $9,000 on January 1, 2021 for their annual insurance premium for business liability insurance. At the end of October, there was $2,250 in the Prepaid Insurance account. What journal entry needs to be performed to show that the insurance accounts are up to date? (Accounts and Amounts) DR CR