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 of $540, but a count of supplies reveals only $290 on hand at year-end. b. The company initially records the payments of all Insurance premiums as prepaid insurance. The unadjusted trial balance at year end shows a balance of $510 in Prepaid Insurance. A review of insurance policies reveals that $200 of insurance is unexpired. c. Employees work Monday through Friday, and salaries of $2,700 per week are paid each Friday. The company's year-end falls on Tuesday d. At year-end, the company received a utility bill for December's electricity usage of $270 that will be pald in early January View transaction lit Journal entry worksheet