The Trial Balance for Greenway Corporation Appears as Follows

Multiple Choice

The trial balance for Greenway Corporation appears as follows: If, on December 31, 2014, the insurance still unexpired amounted to $10, the adjusting entry would contain a:

A) debit to Prepaid Insurance for $50.
B) credit to Prepaid Insurance for $10.
C) debit to Insurance Expense for $50.
D) debit to Prepaid Insurance for $10.