Current Attempt in Progress Your answer is partially correct. + A partial tabular summary for Blossom Company on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared. Assets Liabilities Stockholders' Equity Acc. Unearn Reatined Earning Prepaid Depr: Int. Notes Rent Com Supplies Insurance Equip Equip. Pay. Pay Rev. Stock Rev. Exp. Bal 3,810 2.250 26,100 -7,830 0 19.200 10.600 + An analysis of the accounts shows the following 1. 2 3 4. 5. The equipment depreciates $400 per month Half of the unearned rent revenue was earned during the quarter, Interest of $580 is accrued on the notes payable. Supplies on hand total $800. Insurance expires at the rate of $250 per month 0.8/1 III 3 4. Interest of $580 is accrued on the notes payable. Supplies on hand total $800. Insurance expires at the rate of $250 per month 5 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.) Stockholders'Equity Retained Earnings Rev. Div 1200 5300 580 i 3010 750