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Prepare adjusting journal entries, as needed, for the following items. (If no entry is required for a transaction/event, select No journal entry required in the

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Prepare adjusting journal entries, as needed, for the following items. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. The Supplies account shows a balance or $580, but a count of supplies reveals only $270 on hand at yearend b. The company initially records the payments of all insurance premums as prepaid insurance. The unadjusted tral balance at yearend shows a balance of $570 in Prepaid Insurance. A review of insurance policies reveals that $140 of insurance is unexpired. c. Employees work Monday through Friday, and salaries of $3.300 per week are paid each Friday. The company's year-end falls on Tuesday d. At yearenid, the company received a utiity bill for December's electricity usage of 5290 that will be paid in carly danuary. Journal entry worksheet The Supplies account thowir a balance of 5580 , but a count of suppitet reveale brily 5270 on hand at yeat-end Wuasi folw datote belure irnate Journal entry worksheet The Supplies account shows a balance of $580, but a count of supplies reveals only $270 on hand at year-end. Note: Enter debits before credits. Journal entry worksheet The company initially records the payments of all insurance premiums as prepaid insurance. The unadjusted trial balance at year-end shows a balance of $570 in Prepaid Insurance. A review of insurance policies reveals that $140 of insurance is unexpired. Note: Enter debits before credits. Journal entry worksheet 4 Ermployees work Monday through Friday, and salaries of $3,300 per week are paid each Friday. The company's year-end falls on Tuassday. Notel Einter deblo belare credits. Journal entry worksheet At year-end, the company received a utility bill for December's electricity usage of $290 that will be paid in early January, Note: Enter debits before credits

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