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 $640, but a count of supplies reveals only $260 on hand 2 Flint Hills Initially records the payments of all insurance premiums as expenses. The trial balance shows a balance of $470 in Insurance expense. A review of insurance policies reveals that $150 of insurance is unexpired. 3. Flint Hills employees work Monday through Friday, and salaries of $2,900 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 $240 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 3 4 The Supplies account shows a balance of s640, but a count of supplies reveals only $260 on hand Note: Enter debits before credits Event General Journal Debit Credit 1