Required information [The following information applies to the questions displayed below.] Aubrae Company is making adjusting entries for the year ended December 31, 2014. In developing information for the adjusting entries, the accountant learned the following: a. A two-year insurance premium of $5,520 was paid on October 1,2014 , for coverage beginning on that date. b. At December 31,2014 , the following data relating to Shipping Supplies were obtained from the records and supporting documents. 2. Record the adjusting entry for supplies at December 31, 2014, assuming that the purchases of shipping supplies were debited in full to Shipping Supplies. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 2. Record the adjusting entry for supplies at December 31,2014 , assuming that the purchases of shipping supplies were debited in full to Shipping Supplies. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the adjusting journal entry related to Shipping Supplies. Note: Enter debits before credits