Question: A partial tabular summary for Marigold Corp. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.

 A partial tabular summary for Marigold Corp. on March 31 of

A partial tabular summary for Marigold Corp. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. An analysis of the accounts shows the following. 1. The equipment depreciates $236 per month. 2. Half of the rental services related to unearned rent revenue was provided during the quarter. 3. Interest of $336 is accrued on the notes payable. 4. Supplies on hand total $714. 5. Insurance expires at the rate of $336 per month. Prepare a tabular summary to record adjustments at March 31, assuming that adjustments are made quarterly. IIf a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negotive sign (or parentheses) in front of the amount entered for the porticular Asset, Liability or Equity item that was reduced.)

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