Use This Information to Answer the Following Question

Multiple Choice

Use this information to answer the following question. The trial balance for Nowwick Company appears as follows:

-If on December 31,2014,the insurance still unexpired amounted to $20,the adjusting entry would contain a

A) debit to Prepaid Insurance for $80.
B) credit to Prepaid Insurance for $80
C) debit to Insurance Expense for $20.
D) credit to Prepaid Insurance for $20.