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What would be the impact on March 31, 2016 when UDeliver makes an adjustment to reflect that three months of the insurance coverage has been

What would be the impact on March 31, 2016 when UDeliver makes an adjustment to reflect that three months of the insurance coverage has been used up?\ Accounts\ Cash\ \ Assets\ Accounts Receivable\ \ Accounts Receivable\ \ Accounts Payable\ \ Liabilities\ Insurance Expense\ \ Liabilities\ Prepaid Insurance\ \ Assets\ Cost of Goods Sold\ \ Cost of Goods Sold\ \ Inventory\ \ Assets\ Retained Earnings\ \ Owners' Equity\ Common Stock\ \ Common Stock\ \ Debt\ \ Debt

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