Current Attempt in Progress On July 1, 2022, Sheridan Co. pays $11,040 to Windsor, Inc. for a 2-year insurance contract. Both companies have fiscal years ending December 31. For Sheridan Co., enter the July 1 transaction and the December 31 adjustment in the tabular summary that follows. (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.) Assets Liabilities Cash Prepd. Ins. Com. Stock Jul. 1 Dec. 31 I Adj. Bal. e Textbook and Media Question 5 of 10 -/1 E View Policies Current Attempt in Progress On July 1, 2022, Sheridan Co. pays $11,040 to Windsor, Inc. for a 2-year insurance contract. Both companies have fiscal years ending December 31. For Sheridan Co, enter the July 1 transaction and the December 31 adjustment in the tabular summary that follows. (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.) Stockholders' Equity Exp. (Ins.) Com. Stock Rev. Div