BE3-4 (LO 2) AP Hahn Consulting Company's general ledger showed $785 in the Supplies account on January 1, 2021. On May 31, 2021, the company paid $3,255 for additional supplies. A count on December 31, 2021, showed $1,035 of supplies on hand. Prepare transaction and adjusting entries for supplies. a. Prepare the journal entry to record the purchase of supplies on May 31, 2021. b. Calculate the amount of supplies used in 2021. c. Prepare the adjusting entry required at December 31, 2021. BE3-5 (LO 2) AP Video On March 1, 2021, Eire Co. paid $4,800 to Big North Insurance for a one-year insurance policy. Eire Co. has a December 31 fiscal year end and adjusts accounts annually. Complete the following for Eire Co. Prepare transaction and adjusting entries for insurance. a. Prepare the March 1, 2021, journal entry for the purchase of the insurance. b. Calculate the amount of insurance that expired during 2021 and the unexpired cost at December 31, 2021. c. Prepare the adjusting entry required at December 31, 2021. BE3.6 (LO 2) AP On July 1, 2021, Majors Co. buys a three-year insurance policy for $12,750. Majors Co. has a December 31 year end. Prepare transaction and adjusting entries for insurance. a. Journalize the purchase of the insurance policy. b. Prepare the year-end adjusting entry for the amount of insurance expired