In a corner of the Outer Rim, Tatooine Traders Corp. has prepared a year$-$end $2024$ trial balance. Certain accounts in the trial balance do not reflect all activities that have occurred.

The Supplies account indicates a balance of $$880.$ A count of supplies reveals only $$380$ on hand.

Tatooine Traders Corp. initially records the payments of all insurance premiums as expenses. The trial balance shows a balance of $$590$ in Insurance expense. A review of insurance policies reveals that $$210$ of insurance is unexpired.

Tatooine Traders Corp. employees work Monday through Friday, and salaries of $$4,100$ per week are paid each Friday. Tatooine Traders Corp.$\text{'}$s year$-$end falls on Tuesday.

On December $31,2024,$ Tatooine Traders Corp. received a pill for $$360$ for utilities incurred during December. The bill will be paid in early January of $2025.$

Required:

Prepare adjusting journal entries, as needed, for the above items.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

The Supplies account shows a balance of $$880,$ but a count of supplies reveals only $$380$ on hand.

lote: Enter debits before credits.