Question 3 of 6 < > -/4 A partial tabular summary for Whispering Winds Corp. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared, Assets Liabilities Stockholders' Equity Retained Earnings Prepd Supplies + Insur Bal 2.940 Equip. Acc. Depr Equip Int. Pay + Notes Pay. + Unearn, Rent Rev. Com Stock + Rev. Exp. Div 3.528 24,500 8.232 19,600 12.152 An analysis of the accounts shows the following 1 The equipment depreciates $278 per month. 2 Half of the rental services related to unearned rent revenue was provided during the quarter Interest of 5392 is accrued on the notes payable. 4 Supplies on hand total $633 insurance expires at the rate of $392 per month. Question 3 of 6 < -/4 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, Liobilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced.) Assets Supplies Prepaid Insurance Equip Bal 2,940 3,528 24,500 1. 2. 3. 4. 5. 197 a a Acc. Depr Equip. Int. Pay. 8.232 Stockholders' Equity Retained Earnings Exp. Chapter 4 Homework Question 3 of 6 > Prepare a tabular summary to record adjustments at March 31, assuming that adjustments are made quarterly. (If a transaction results in a decrease in Assets, Liabilitie Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced) Liabilities Notes Pay 19,600 Com Stock Rev. 12.152 Unearn. Rent Rev. 199 Ce a LJ T a e O a Div > C E > 9:58 PM 2