At the End of 2014, Drew Company Made Four Adjusting

Multiple Choice

At the end of 2014, Drew Company made four adjusting entries for the following items:1. Depreciation expense, $25,000.2. Expired insurance, $2,200 (originally recorded as prepaid insurance.) 3. Interest payable, $6,000."4. Rent receivable, $10,000.In the normal situation, to facilitate subsequent entries, the adjusting entry or entries that may be reversed is (are) "

A) Entry No. 3 only.
B) Entry No. 4 only.
C) Entry No. 3 and No. 4.
D) Entry No. 2, No. 3 and No. 4.