Current Attempt in Progress A partial tabular summary for Metlock, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Assets Liabilities + Stockholders' Equity Acc. Depr: Int. Unearn. Rent Com. Reatined Earnings Supplies + Prepaid Insurance + Equip. - Equip - Pay. + Notes Pay. + Rev. + Stock + Rev.. Exp. Div Bal. 3,640 2,700 28,900 -8,670 0 18,100 11,250 An analysis of the accounts shows the following 1. The equipment depreciates $400 per month 2. Half of the unearned rent revenue was earned during the quarter. 3. Interest of $320 is accrued on the notes payable. 4. Supplies on hand total $880. 5. Insurance expires at the rate of $300 per month. Prepare a tabular summary to record adjustments at March 31, assuming that adjustments are made quarterly. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Liabil Assets Acc. Depr.- Equip. Pay Supplies + Equip Prepaid Insurance 2.700 + 28,900 Note: 18,100 -8,670 Bal. 3,640 A 0% 0 7 1206 PM /11/2020 Prepare a tabular summary to record adjustments at March 31, assuming that adjustments are made quarterly. Of a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Assets Liabil Acc. Depr.- Equip. Supplies + + Equip. Pay. + Note: Prepaid Insurance 2,700 Bal. 3,640 28.900 -8,670 18.100 e Textbook and Media Attempts:0 of 3 used Submit Answer Save for Later 12:06 PM - dx of 1200 5. Insurance expires at the rate of $300 per month. Prepare a tabular summary to record adjustments at March 31, assuming that adjustments are made quarterly. (If a transaction results in a decrease in Assets, Liabilitie or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Liabilities Stockholders' Equity Retained Earnings Exp Com Stock + Rev. Unearn. Rent Rev. 11.250 Notes Pay. 18,100 e Textbook and Media Attempts: 0 of 3 used Submit Answer Save for Later 12.06 PM 2/12/2020 5. Insurance expires at the rate of $300 per month Prepare a tabular summary to record adjustments at March 31, assuming that adjustments are made quarterly ra transaction results in a decrease in Assets. Liabilities or Stockholders' Equity place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced Stockholders'Equity Retained Earnings Exp ar Rent Rev Com Stock Depreciation Expense Interest Expens Rent Revenue Suppes Exp SWE Attempts of used Submit e Textbook and Media Safor Later -d f2/10/2009 ere to search