Flint Hills, Inc. has prepared a year end 2021 trial balance. Certain accounts in the trial balance do not reflect all activities that have Occurred. 1. The Supplies account shows a balance of $740, but a count of supplies reveals only $310 on hand. 2. Flint Hills initially records the payments of all Insurance premiums as expenses. The trial balance shows a balance of $520 in Insurance expense. A review of insurance policies reveals that $175 of insurance is unexpired. 3. Flint Hills employees work Monday through Friday, and salaries of $3,400 per week are paid each Friday, Flint Hills' year-end falls on Tuesday 4. On December 31, 2021, Flint Hills received a utility bill for December electricity usage of $290 that will be paid in early January of 2022 Required: Prepare adjusting journal entries, as needed for the above items. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 > The Supplies account shows a balance of $740, but a count of supplies reveals only $310 on hand. Note: Enter debits before credits General Journal Debit Credit 1