Homework Week 2 i Samed Help Save & Exit Submit Check my work 00. Exercise 2-16 (Algo) External transactions and adjusting entries (LO2-3, 2-6] The following transactions accurred during 2021 for the Beehive Honey Corporation: Feb. 1 Borrowed $22,000 from a bank and signed a note. Principal and interest at 96 will be paid on January 31, 2022. Apr. Paid $5,600 to un insurance company for a two-year fire insurance policy. July 17 Purchased suppliey couting $3,800 un account. The company records supplies purchased in an asset account. At the year-end on December 31, 2021, supplier custin $1,750 cene ined on hand. Nov. A customer borrowed $9,000 and signed a nute requiring the customer to my principal and 7% interest on April 30, 2022. eBook Pert Required: 1. Record each transaction in general journal form. 2. Prepare any necessary adjusting entries at the year-end on December 31, 2021, No adjusting entries were recorded during the year for any item. Retorences Complete this question by entering your answers in the tabs below. Required 1 Required Prepare any necessary adjusting entries at the year-end on December 31, 2021. No adjusting entries were recorded during the year for any item. (Do not round intermediate calculations. If no entry is required for a particular transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 2 3 4 Borrowed $22,000 from a bank and signed a note. Principal and interest at 9% will be paid on January 31, 2022