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 $520, but a count of supplles 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 $550 in Prepaid Inpurance. A review of insurance policies reveals that $170 of insurance is unexpired. c Employees work Monday through Friday, and salaries of $2,600 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 $280 that will be paid in early January View transaction ist Journal entry worksheet The Supplies account shows a balance of $520, but a count of supplies reveals only $290 on hand at year-end. Journal entry worksheet 1 2 2 4 Employees work Monday through Friday, and salaries of $2,600 per week are paid each Friday. The company's year-end falls on Tuesday. Note: Enter debits before credits. Debit Credit Transaction General Journal Record entry Clear entry View general Journal Journal entry worksheet