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    JoJo7005's Avatar
    JoJo7005 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 7, 2010, 12:50 PM
    On July 1, 2005, Beyonce Company paid $1,800 for six months of insurance coverage. No
    On July 1, 2005, Beyonce Company paid $1,800 for six months of insurance coverage. No adjustments
    Have been made to the Prepaid Insurance account, and it is now December 31, 2005.
    Prepare the journal entry to reflect expiration of the insurance as of December 31, 2005.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jan 8, 2010, 01:53 AM

    We are not here just to answer homework questions for people. Please make an attempt to do the entry. You're welcome to post it and we can guide you from there.
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