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6/18/2018 On December 1, 2015 John Trap created a new travel agency, Trap Adventures, Inc. providing exclusive adventure trips. The following transactions occurred during December

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6/18/2018 On December 1, 2015 John Trap created a new travel agency, Trap Adventures, Inc. providing exclusive adventure trips. The following transactions occurred during December 2015 (NOTE: There are no beginning balances -this is a new company) Dec Johtn 1 John Trap invested $60,000 cash in the company for common stock. 2 Purchase office equipment for $17,500 cash. The company rented furnished office space by paying $18,000 cash for the first six months (December 201 May 2016) rent. 3 The company purchased $1,500 of office supplies on account. 10 The company paid $3,600 cash for the premium on a 12-month insurance policy 14 The company paid $10,750 cash for two weeks' salaries earned by employees 24 The company collected $54,000 cash on commissions from airlines on tickets obtained for customers. 28 The company paid $12,125 cash for two weeks' salaries earned by employees. 29 The company paid $350 cash for minor repairs to the company's computer 30 The company paid $450 cash for this month's telephone bill. 30 Dividends of $3,000 cash were paid. Adjustment Data: . One month's insurance coverage has expired. . The company occupied the office space for the month of December . At the end of the month, $600 of office supplies are still available. . This month's depreciation on the computer equipment is $325. Employees earned $525 of unpaid and unrecorded salaries as of month-end. Final Project Requirements Using the spreadsheet found here and information above, complete the following: 1. Journal entries to record the transactions that occurred during the month of December 2. Prepare an unadjusted trial balance

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