Question

At December 31, 2019, before any year-end adjustments, Karr Company's Insurance Expense account had a balance of $1,450 and its Prepaid Insurance account had a balance of $3,800. It was determined that $2,000 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expense for the year would be:

Answer 1

its b

Step-by-step explanation:

the adjusted balance for Insurance Expense for the year would be $3,450.

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