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A partial tabular summary of transactions for Windsor, Inc. on March 31, 2022, includes the following accounts before adjustments. Assets = Liabilities + Stockholders Equity

A partial tabular summary of transactions for Windsor, Inc. on March 31, 2022, includes the following accounts before adjustments.

Assets

=

Liabilities

+

Stockholders Equity

Supplies

+

Prepaid Insur.

+

Equip.

-

Acc. Depr.- Equip.

=

Unearned Serv. Rev

+

Rev.

Exp.

2,300 2,208 27,600 -4,416 9,200

An analysis of the accounts shows the following.

1. Insurance expires at the rate of $276 per month.
2. Supplies on hand total $828.
3. The equipment depreciates $184 per month.
4. During March, services were performed for two-fifths of the unearned service revenue.

Prepare a tabular summary to record adjustments for the month of March. Include an explanation for each adjustment. (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

=

Liabilities

+

Stockholders Equity

Supplies

+

Prepaid Insurance

+

Equip.

-

Acc. Depr.- Equip.

=

Unearned Serv. Rev

+

Rev.

Exp.

Unadj. Bal.

2,300 2,208 27,600 -4,416 9,200

Adj. 1

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount select an explanation Depreciation expenseInsurance expenseService revenueSupplies expense

Adj. 2

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount select an explanation Depreciation expenseInsurance expenseService revenueSupplies expense

Adj. 3

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount select an explanation Depreciation expenseInsurance expenseService revenueSupplies expense

Adj. 4

enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount enter a dollar amount select an explanation Depreciation expenseInsurance expenseService revenueSupplies expense

Adj. Bal.

enter an adjusted balance enter an adjusted balance

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