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Which of the following is the proper adjusting entry, based on a prepaid insurance account belance before adjustment of $14,091 and unexpired insurance of 6,433,

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Which of the following is the proper adjusting entry, based on a prepaid insurance account belance before adjustment of $14,091 and unexpired insurance of 6,433, fr the fiscal year ending on April 30? Odebit Insurance Expense, $14,091; credit Prepaid Insurance, $14,091 Odebit Insurance Expense, $7,658; credit Prepald Insurance, $7,658 Odebit Prepaid Insurance, $7,658; credit Insurance Expense, $7,658 Odebit Prepaid Insurance, $14,091; credit Insurance Expense, $14,091 Previoust

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