The following transactions occurred during 2021 for the Beehive Honey Corporation: Feb. 1 Borrowed $25,000 from a bank and signed a note. Principal and interest at 12% will be paid on January 31, 2022. Apr. 1 Paid $6,200 to an insurance company for a two-year fire insurance policy. July 17 Purchased supplies costing $4,100 on account. The company records supplies purchased in an asset account. At the year-end on December 31, 2021, supplies costing $1,900 remained on hand. Nov. 1 A customer borrowed $9,900 and signed a note requiring the customer to pay principal and 10% interest on April 30, 2022. Required: 1. Record cach transaction in general journal form, 2. Prepare any necessary adjusting entries at the year-end on December 31, 2021. No adjusting entries were recorded during the year for any item Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record each transaction in general journal form. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction that Journal entry worksheet X 1 Borrowed $25,000 from a bank and signed a note. Principal and interest at 12% will be paid on January 31, 2022. lic 2 Paid $6,200 to an insurance company for a two-year fire insurance policy. 3 Purchased supplies costing $4,100 on account. The company records supplies purchased in an asset account. At the December 31, 2021, year-end, supplies costing $1,900 remained on hand. 4 A customer borrowed $9,900 and signed a note requiring the customer to pay principal and 10% interest on April 30, 2022. Note : = journal entry has been entered Record entry Clear entry View X 1 Borrowed $25,000 from a bank and signed a note. Principal and interest at 12% will be paid on January 31, 2022. e 2 Paid $6,200 to an insurance company for a two-year fire insurance policy. es 3 Purchased supplies costing $4,100 on account. The company records supplies purchased in an asset account. At the year-end on December 31, 2021, supplies costing $1,900 remained on hand. 4 A customer borrowed $9,900 and signed a note requiring the customer to pay principal and 10% interest on April 30, 2022 Note : = journal entry has been entered Record entry Clear entry View