Which of the following is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of $17,496 and unexpired insurance of $6,419, for the fiscal year ending on April 30? debit Prepaid Insurance, $17,496, credit Insurance Expense, $17,496 debit Prepaid Insurance, $11,077, credit Insurance Expense, $11,077 debit Insurance Expense, $17,496, credit Prepaid Insurance, $17,496 debit Insurance Expense, $11,077, credit Prepaid Insurance, $11,077