The following transactions occurred during 2021 for the Beehive Honey Corporation: Feb. 1 Borrowed $16,80e fromn a bank and signed a note. Principal and interest at 9% wil1 be paid on January 31, 2022 Apr. 1 Paid $4,400 to an insurance company for a two-year fire insurance policy July 17 Purchased supplies costing $3,200 on account. The company records supplies purchased in an asset account. At the year-end on December 31, 2e21, supplies costing $1,45e renained on hand. Nov. 1 A customer borrowed $7,200 and signed a note requiring the customer to pay principal and 7% interest on April 30, 2022 Required: 1. Record each 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