【单选题】A company shows a $600 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired insurance of $200. This adjusting entry results in:
A.
$200 decrease in net income.
B.
$200 increase in net income.
C.
$200 difference between the debit and credit columns of the Unadjusted Trial Balance.
【单选题】A company shows a $600 balance in Prepaid Insurance in the Unadjusted Trial Balance columns of the work sheet. The Adjustments columns show expired insurance of $200. This adjusting entry results in:
A.
$200 decrease in net income.
B.
$200 increase in net income.
C.
$200 difference between the debit and credit columns of the Unadjusted Trial Balance.