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Wildhorse Co . Trial Balance December 3 1 , 2 0 2 5 table [ [ Cash , $ 2 4 0 , ]

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Wildhorse Co.
Trial Balance
December 31,2025
\table[[Cash,$240,],[Accounts Receivable,418,],[Prepaid Insurance,66,],[Supplies,144,],[Equipment,3200,],[Accumulated Depreciation - Equipment,,$480
Service Revenue
2401
\table[[Salaries and Wages Expense,800,],[Rent Expense,400,],[,$5268,],[,$5268?,],[,,]]
If, on December 31,2025, the insurance still unexpired amounted to $16, the adjusting entry would include a
debit to Prepaid Insurance for $50.
debit to Insurance Expense for $50.
credit to Prepaid Insurance for $16.
debit to Prepaid Insurance for $16.
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