Cu View Policies n Progress A partial tabular summary for Armour Lake Lumber Supply on July 31, 2022, includes the following accounts before adjustments have been prepared. Assets = Liabilities + Stockholders' Equity Retained Earnings Invest. Notes Rec. Prepd. Rent Acc. Depr.- Bldgs. Unearned Serv. Rev. Com. Stock + + Supplies + + Bldgs. = + Rev. Exp. Div Bal. 20,000 24,000 3,600 250,000 -140,000 11,500 An analysis of the company's accounts shows the following. 1. The investment in the notes receivable earns interest at a rate of 6% per year. 2. Supplies on hand at the end of the month totaled $18,600. 3. The balance in Prepaid Rent represents 4 months of rent costs. Three months of rent remain unexpired at the end of July. 4. Employees were owed $3,100 related to unpaid salaries and wages. 5. Depreciation on buildings is $6,000 per year. 6. During the month, the company satisfied obligations worth $4,700 related to the Unearned Service Revenue. 7. Unpaid maintenance and repairs costs were $2,300. 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 Prepd. Rent Notes Rec. + Int. Rec. + Supplies Bal. 20,000 0 24,000 3,600 1. 2. 3. 4. OOOOOOO 5. 6. 7. Liabilities Acc. Depr. Bldgs. Unearned Serv. Rev. Bldgs. Accts. Pay + + Sal. & Wages F 250,000 - 140,000 11,500 Stockholders' Equity Retained Earnings Com. Stock + Rev. Exp. Div