Which of the following is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of $11,212 and unexpired insurance of $2,476, for the fiscal year ending on April 30? a.debit Prepaid Insurance, $8,736; credit Insurance Expense, $8,736 b.debit Insurance Expense, $11,212; credit Prepaid Insurance, $11,212 c.debit Insurance Expense, $2,476; credit Prepaid Insurance, $2,476 d.debit Insurance Expense, $8,736; credit Prepaid Insurance, $8,736