Multiple Choice
The unadjusted trial balance for Prepaid Insurance shows a $1,850 balance. $600 of the balance was unexpired at year's end. On the adjusted trial balance, the balance for Prepaid Insurance is a:
A) $600 debit.
B) $600 credit.
C) $1,250 debit.
D) $1,250 credit.
Correct Answer:
Verified
Correct Answer:
Verified
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