GB 518 Course Great Wisdom / tutorialrank.com GB 518 Course Great Wisdom / tutorialrank.com | Page 16

Debit Prepaid Insurance, $1,800; credit Cash,
$1,800

Debit Prepaid Insurance, $1,440; credit
Insurance Expense, $1,440
Debit Prepaid Insurance, $360; credit Insurance
Expense, $360

Debit Insurance Expense, $360; credit Prepaid
Insurance, $360

Debit Insurance Expense, $360; credit Prepaid
Insurance, $1,440

Question 25. Question :
information pertaining to:

The adjusted trial balance contains

Asset accounts only

Balance sheet accounts only