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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.

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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 $760, but a count of supplies reveals only $320 on hand, 2. Flint Hills initially records the payments of all insurance premiums as expenses. The trial balance shows a balance of $530 in Insurance expense. A review of insurance policies reveals that $180 of insurance is unexpired. 3. Flint Hills employees work Monday through Friday, and salaries of $3,500 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 $300 that will be paid in early January of 2022 09 Required: Prepare adjusting Journal entrles, 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 2 4 > The Supplies account shows a balance of $760, but a count of supplies reveals only $320 on hand Note: trer debits before credits Journal entry worksheet 2 3 4 The Supplies account shows a balance of $760, but a count of supplies reveals only $320 on hand. Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general journal Drau 40 Journal entry worksheet On December 31, 2021, Flint Hills received a utility bill for December electricity usage of $300 that will be paid in early January of 2022. Note: Enter debits before credits. Event General Journal Debit Credit 4 Record entry Clear entry View general journal

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