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1 On April 1. Jro Nozomi created a new travel agency, Adventure Travel The following transactions occurred during the company's first month 5 pos April

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1 On April 1. Jro Nozomi created a new travel agency, Adventure Travel The following transactions occurred during the company's first month 5 pos April Noel invested 57,000 cash and computer culpaent worth $10,000 in the company April the company rented furnished office space by paying $1,700 cash for the first month (April) rent. April 4 the company purchased $1,200 of office supplies for cash April 10 The company paid $2,00 cash for 12 month insurance policy. Coverage begins on April 11 April 14 The company paid $1,200 cash for two weeks' salaries earned by employees. April 24 The company collected $10,500 cash for comissions revenue April 2. The company paid $1,200 cash for two weeks salaries earned by employees Aril 29 The company paid $400 Ch for winor repairs to computer equipment April The company paid $1,250 cash for this month's telephone 0:11 April withdrew $2.000 cash from the company for personal The company's chart of accounts follows ce 101 C 10 Accounts Receivable 120 Office Supplies 121 Prepaid asurance 107 Computer pent 168 Accumulated Depreciation Computer Equipment 309 Salaries Payable 301 rol Capital 302 3. Mithrases Csions en 612 Depreciation Expense-computer tout 2 Salaries Expense 637 Insurance Expense Runt tense 550 Office Supplies bene 654 Repairs Expense Telephone Expense 91 TACOS Use the following information to prepare adjusting entries 1 Use the following information to prepare adjusting entries o. Prepaid insurance of $150 expired this month b. At the end of the month, $700 of office supplies are still available c. This month's depreciation on computer equipment is $500. d. Employees earned $380 of unpaid and unrecorded salaries as of month-end e. The company earned $2.250 of commissions revenue that is not yet recorded at month-end, 5 point Bone Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Req GB GL tab. The company records prepaid and unearned items in balance sheet accounts 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. Adjusted as the dats 5o. Using adjusted account balances from Reg 6B GL tab prepare an achusted trial balance as of April 30 5b. Prepare the income statement for the month of April 30 5c, Prepare the statement of owner's equity for the month of Apri 30. 5d. Prepare the balance sheet at April 30, 6a. Prepare journal entries to close the temporary accounts and then post to Reg 68 GL tab, using April 30 Close as the date. 6. Post the journal entries to the ledger 7. Prepare a post-closing trial balance Reg 1 and 2 Reg 3 Reg 4 Reg SA Reg SB Req SC Reg 5D Req 6A Req 68 GL Req 7 Journalize the adjusting entries for the month, and then post to the ledger on Req 68 tab, using April 30 Adj. as the date. (Do notra intermediate calculations and round the final answers to nearest whole number.) View transaction list aces Journal entry worksheet Record the required adjusting entry, it any. At the end of the month, $700 of office supplies are still available V Notes Enter debits before credits

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