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question 139

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Use this information to answer the following question. The trial balance for Barnstable Corporation appears as follows:
Use this information to answer the following question. The trial balance for Barnstable Corporation appears as follows:   If on December 31,2013,the insurance still unexpired amounted to $40,the adjusting entry would contain a A)  debit to Prepaid Insurance for $60. B)  credit to Prepaid Insurance for $60. C)  debit to Insurance Expense for $40. D)  credit to Prepaid Insurance for $40. If on December 31,2013,the insurance still unexpired amounted to $40,the adjusting entry would contain a

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