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The Chart of Account for the Corning Company Includes Some

Question 59

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The chart of account for the Corning Company includes some of the following accounts:  Account Name  Account Number  Cash 11 Accounts Receivable 13 Prepaid Insurance 15 Accounts Payable 21 Unamed Revenue 24 Corning, Capital 31 Corning, Drawing 32 Fees Earned 41 Salaries Expense 54 Rent Expense 56\begin{array}{|l|l|}\hline \text { Account Name } & \text { Account Number } \\\hline \text { Cash } & 11 \\\hline \text { Accounts Receivable } & 13 \\\hline \text { Prepaid Insurance } & 15 \\\hline \text { Accounts Payable } & 21 \\\hline \text { Unamed Revenue } & 24 \\\hline \text { Corning, Capital } & 31 \\\hline \text { Corning, Drawing } & 32 \\\hline \text { Fees Earned } & 41 \\\hline \text { Salaries Expense } & 54 \\\hline \text { Rent Expense } & 56 \\\hline & \\\end{array} On the journal page 3, the following transaction was found:
 Prepaid Insuranse 1,530 Cash 1,530\begin{array} { | l | l | l | } \hline \text { Prepaid Insuranse } & 1,530 & \\\hline \text { Cash } & & 1,530 \\\hline & &\end{array} What is the post reference that will be found on the Prepaid Insurance account?


A) 11
B) 15
C) 3
D) None

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