A partial tabular summary for Metlock, Inc. on July 31, 2022, includes the following accounts before adjustments have been prepared Assets Liabilities + Stockholders' Equity Invest Retained Earnings Notes Rec Acc Depr: Bldgs Prepd. Rent + Supplies Unearned Serv. Rev Bldgs. Com + Stock + Rev. Exp. Div Bal 19.200 23,040 3.456 240,000 -134.400 11,040 An analysis of the company's accounts shows the following 1 2 The investment in the notes receivable earns interest at a rate of 6% per year. Supplies on hand at the end of the month totaled $17.856, The balance in Prepaid Rent represents 4 months of rent costs. Three months of rent remain unexpired at the end of July, Employees were owed $2.976 related to unpaid salaries and wages. 3. 4. 5. Depreciation on buildings is $5,760 per year. An analysis of the company's accounts shows the following. 1 2. 3. 4. The investment in the notes receivable earns interest at a rate of 6% per year Supplies on hand at the end of the month totaled $17,856. The balance in Prepaid Rent represents 4 months of rent costs. Three months of rent remain unexpired at the end of July Employees were owed $2,976 related to unpaid salaries and wages. Depreciation on buildings is $5,760 per year. During the month the company satished obligations worth $4,512 related to the Unearned Service Revenue. Unpaid maintenance and repairs costs were $2,208. 5. 6. 7. Prepare a tabular summary to record adjustments on July 31 assuming that adjustments are made monthly. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Assets Notes Rec. Int. Rec Prepd. Rent Supplies Bal 19.200 23,040 3,456 1 2. 3. 4 5 6. 7. Prepd. Rent Bldg. Acc Depe: Bldgs Accts. Pwy 3,456 240,000 -134,400 Liabilities Accts. Pay Unearned Serv. Rev. Sal & Wages Pay. Com Stock 11.040 Stockholders' Equity Retained Earnings Exp Com Stock Rev. Div I Equity Retained Earnings Exp. Div A Service Revenue Maintenance & Repairs Expense Rent Expense Salaries & Wages Expense Depreciation Expense Interest Revenue Supplies Expense 4