would #37 be a debit to prepaid insurance?

March 18 \#31 Trish charged a $98.00 repair at Gas-n-Go (Miscellaneous Expense), M4. \#32. Submitted design work to VMS Records and billed them $400.00,53. \$33 Paid cash for a case of printer toner at Office Warehouse, $334,00,C18. March 19 134 Paid the cell phone bill for the business (Utilities Expense), \$132.00, C19. \$35 Paid for special phone messaging services (Utilities Expense), \$77.00, C20. March 22 \#36 Recelved payment from VMS Records, $400.00, R7. \$37 Paid \$192,00 to insurance Associates, Inc. for monthly equipment coverage. (Note: This is monthly, not prepaid.), C21. $38 Paid $220.00 for an ad in a local entertainment periodical, C22. *39 Paid Gas-n-Go $146.00 on account, C23. 840 Paid $825,00 to rent special equipment, C24. 6. Total page 2 of the Journal. 2. Using the appropriate form provided in your working papers, prove and rule page 2 of Carry the totals forward to page 3. 8. Post the appropriate individual items from page 2 of the Journal, 9. Continue to journalize the transactions for the period using page 3 of the Joumal. March 23 141 Bought computer supplies at Office Warehouse on occount 5435.00, M5. 42. James Riley, Esq. billed Trish for legal expenses, $250.00,M6. \#43 Received $5,500.00 from Runway Magazine for Web site design work, R8. \#44 Paid $1,225.00 for travel expenses, C25. March 24 $45 Submitted design work $46 Paid $120.00 for printing Page 5 f 7 Q + $47 Recelved $500.00 from various chentstormantenance work, 724