2 On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month 95 points ebook April 1 Nozomi invested $43,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $2,000 cash for the first month's (April) rent. 3. The company purchased $2,000 of office supplies for cash. 10 The company paid $2,700 cash for the presiun on a 12 month insurance policy. Coverage begins on April 11. 14 The company paid $800 cash for two weeks" solaries earned by deployees 24 The company collected $14,500 cash for comissions earned. 28. The company paid $100 cash for two weeks' salaries earned by employees 23 The company paid 5450 cash for sinor repairs to the company's contra 30 The company paid $1,500 cash for this month't telephone will 50 The company paid $1,600 cash in dividends. The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 Office Supplies 126 Prepaid Insurance 167 Computer Equipment 160 Accumulated Depreciation Computer Equip 2) Salaries able 307 Coon Stock 313 Retained taries 313 vidends 405 Conssions and 011 Depreciation dense-computer Equip 632 Solaris Expense 637 Insurance typen 4 Rent Expen 65 Office Suppliet Expense 64 pense ha Telephone Honey Check 2 95 points eBook Use the following information: a. Prepaid insurance of $150 has expired this month b. At the end of the month $800 of office supplies are still available c. This month's depreciation on the computer equipment is $600 d. Employees earned $540 of unpaid and unrecorded salaries as of month-end e. The company earned $2,000 of commissions that are not yet beled at month-end Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 65 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 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance 5a. Prepare the income statement for the month of April 30 5b. Prepare the statement of retained earnings for the month of April 30. 5c. Prepare the balance sheet at April 30 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6 6b. Post the journal entries to the ledger 7. Prepare a post.closing trial balance Print References