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Journal entry worksheet Record the supplies used during the year. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Record entry View general

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Journal entry worksheet Record the supplies used during the year. Note: Enter debits before credits. General Journal Debit Credit Transaction b. Record entry View general journal Clear entry a. On July 1, 2017, Lopez Company paid $2,800 for six months of insurance coverage. No adjustments have been made to the Prepaid Insurance account, and it is now December 31, 2017. b. Zim Company has a Supplies account balance of $8,200 on January 1, 2017. During 2017, it purchased $3,600 of supplies. As of December 31, 2017, a supplies inventory shows $1,600 of supplies available. Prepare the journal entries to reflect expiration of the insurance and correctly report the balance of the Supplies account and the Supplies Expense account as of December 31, 2017. View transaction list Journal entry worksheet 1 2 > Record journal entry to reflect expiration of the insurance as of December 31, 2017. Note: Enter debits before credits. General Journal Debit Credit Transaction a. Record entry View general journal clear entry

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