Exercise 4-9 A partial tabular summary for Sheridan Company on March 31 ef the current year includes the selected accounts below before adjusting entries have been prepared. Liabilities Stockholders' Equity Assets Reatined Earnings Unearn, Rent Rev. Com +Stock+ Rev. Exp. Div Int Acc. Depr- Equip. Pay,+ Notes Pay, Supplies + Prepaid Insurance + Equip. 1,890 11,400 18.500 -8,490 28,300 Bal. 3.740 An analysis of the accounts shows the following. The equipment depreciates $280 per month. 1. Half of the unearned rent revenue was earned during the quarter 2. Interest of $550 is accrued on the notes payable. Supplies on hand total $910. Insurance expires at the rate of $210 per month. 3. Prepare a tabular summary to record adjustments at March 31, assuming that adustments are made quarterty. (a transaction resulte in a decrease in Assets, Liabiities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liabilty or Equity item that was reduced.J Steckholders' Equity Liabiities Assets Retained Earnings Com Stocki Uneam. Rent Rev Acc. Depr Equip. Dive Int. Pay p Rev Notes Pay Equip Prepaid Inaurance Supplies 11,400 18,500 28,300 -8,490 1,890 Bal. 3.740 1 2 Question Attempts: 0 of 5 used