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if websavvy (an imginary web design organization) purchased an insurance policy for the automobile that...

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Accounting

if websavvy (an imginary web design organization) purchased an insurance policy for the automobile that is used in the business, and the policy was for 24 months and the cost was $4,800, the entry to record this purchase is: a. debit to cash $4,800; credit to insurance expense for $4,800, b. debit to insurance expenses for $4,800: credit to cash for $4,800, c. debit to prepaid insurance for $4,800; credit to cash for $4,800, d. debit to cash for $4,800; credit to prepaid insurance for $4,800.

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