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Which of the following is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of $10,053 and unexpired insurance of $5,582,

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Which of the following is the proper adjusting entry, based on a prepaid insurance account balance before adjustment of $10,053 and unexpired insurance of $5,582, for the fiscal year ending on April 30? O debit Prepaid Insurance, $4,471; credit Insurance Expense, $4,471 O debit Prepaid Insurance, $10,053; credit Insurance Expense, $10,053 debit Insurance Expense, $4,471; credit Prepaid Insurance, $4,471 O debit Insurance Expense, $10,053; credit Prepaid Insurance, $10,053

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