You company purchased a 24-month insurance policy on April 1, 2022 for $ 6,200. When you made the payment it was recorded as an asset (Prepaid Insurance). As you are preparing the financial statements you discover the adjusting entry to defer this expense was not made. What is the correcting entry? JOURNAL POST DATE DESCRIPTION REF DEBIT CREDIT 4. Using the information in # 3 now assume you discover that the adjusting entry was made for $ 2,640. Make the correcting entry: JOURNAL POST DATE DESCRIPTION REF DEBIT CREDIT