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5 B - Req 6 A; Prepare the balance sheet at April 3 0 . ADVENTURE TRAVEL Balance Sheet April 3 0 table [
B Req A; Prepare the balance sheet at April ADVENTURE TRAVEL Balance Sheet April tableTotal assets,, Prepare journal entries to close the temporary accounts and then post to Requirement GL tab, using April Close as the date. Journal entry worksheet Record the entry to close the revenue accounts Note: Enter debits before credits. tableDateGeneral Journal,Debit,CreditApril Prepare a postclosing trial balance. ADVENTURE TRAVEL PostClosing Trial Balance April tableAccount Title,Debit,Credit,On April Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April Nozomi invested $ cash and computer equipment worth $ in the company in exchange for its common stock. April The company rented furnished office space by paying $ cash for the first month's April rent. April The company purchased $ of office supplies for cash. April The company paid $ cash for a month insurance policy. Coverage begins on April April The company paid $ cash for two weeks' salaries earned by employees. April The company collected $ cash for commissions revenue. April The company paid $ cash for two weeks' salaries earned by employees. April The company paid $ cash for minor repairs to computer equipment. April The company paid $ cash for this month's telephone bill. April The company paid $ cash in dividends. The company's chart of accounts follows: Commissions Revenue Depreciation ExpenseComputer Equipment Salaries Expense Insurance Expense Rent Expense Office Supplies Expense Repairs Expense Telephone Expense Income Summary
B Req A; Prepare the balance sheet at April
ADVENTURE TRAVEL
Balance Sheet
April
tableTotal assets,, Prepare journal entries to close the temporary accounts and then post to Requirement GL tab, using April Close as the date.
Journal entry worksheet
Record the entry to close the revenue accounts
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditApril Prepare a postclosing trial balance.
ADVENTURE TRAVEL
PostClosing Trial Balance
April
tableAccount Title,Debit,Credit,On April Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first
month.
April Nozomi invested $ cash and computer equipment worth $ in the company in exchange for its common
stock.
April The company rented furnished office space by paying $ cash for the first month's April rent.
April The company purchased $ of office supplies for cash.
April The company paid $ cash for a month insurance policy. Coverage begins on April
April The company paid $ cash for two weeks' salaries earned by employees.
April The company collected $ cash for commissions revenue.
April The company paid $ cash for two weeks' salaries earned by employees.
April The company paid $ cash for minor repairs to computer equipment.
April The company paid $ cash for this month's telephone bill.
April The company paid $ cash in dividends.
The company's chart of accounts follows:
Commissions Revenue
Depreciation ExpenseComputer Equipment
Salaries Expense
Insurance Expense
Rent Expense
Office Supplies Expense
Repairs Expense
Telephone Expense
Income Summary
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