301 chap 5 HW

3. Flint Hills, activities that have occurred. Prepare adjusting journal entries, as needed, for the following items inc. has prepared a year-end 2016 trial balance. Certain accounts in the trial balance do not reflect al a. The Supplie b. Filint Hills initially records the s account shows a balance of $540, but a count of supplies reveals only $210 on hand. e payments of all insurance premiums as expenses. The trial balance showsa urance expense. A review of insurance policies reveals that $125 of insurance is unexpired. C Flint Hills employees work Monday through Friday, and salaries of $2,400 per week are paid each Friday. Filint Hills' year-end falls on Tuesday. On December 31, 2016, Flint Hills received a utility bill for December electricity usage of $190 that will be paid in early January. d