On July 1, 2017, Lopez Company paid $1,700 for six months of ins Insurance account, and it is now December 31, 2017 . Zim Company has a Supplies account balance of $6.000 on January 1,2017. During 2017, it purchased $2,500 of supplies. As of December 31, 2017, a supplies inventory shows $1,050 of supplies available. urance coverage. No adjustments have been made to the Prepald rnal 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 2 Record journal entry to reflect expiration of the insurance as of December 31, 2017 Note: Enter debits before credits Debit Credit General Journal unu tunelly report the balance of Uup Dplnes Expeise account as of December 31, 2017 View transaction list Journal entry worksheet 2 Record jour s of December 31, Accounts payable 2017. Accounts receivable Enter deb Accumulated depreciation Advertising expense Credit Transaction Debit a. View general journal Clear entry Record entry