The Johnson Company had the following adjustments for the month of May. Record each adjustment for May 31st in the table link. Determine the account balances on May 31st Accounting Equation Table A Supplies on hand at May 31 total $600 B On May 1 Johnson Inc. prepaid Ins. of $720 which was for 6 months C During May Johnson Inc. performed work worth $1000 related to the Unearned Service Revenue D Signed a four month Note Payable of $12,000 with an interest rate of 8% on May 1st A B C D E F G H K ASSETS Account Cash Receivable Supplies May 1 $15,430 LIABILITIES Unearned Accounts Interest service Payable Payable Revenue Prepaid Accumulated Insurance Equipment Depreciation = Notes Payable $3,370 $720 $4,600 $4,600 $2,220 $1,47C STOCKHOLDER'S EQUITY Salaries & Wages Common Payabale + Stock Revenue Expenses Dividends $10,310 $13,620 $ (7,400) $ (700)