ADVENTURE TRAVEL Adjusted Trial Balance April 30 Account Title Debit Credit 2,600 1.800 2.456 35.000 101 Cash 106. Accounts recolvable 124 Office Supplies 128. Prepaid insurance 167 Computer equipment 168. Accumulated depreciation Computer equipment 209. Salaries payable 301 J Nozomi, Capital 302: J. Nozomi Withdrawals 405 Commissions earned 612 Depreciation expense Computer equipment 622. Salaries expense 637 Insurance expense 640 Ront expense 050. Office supplies exponse 684 Repairs expense 688. Telephone expenso Total 500 440 67.000 2.400 12.750 500 1.640 140 2500 700 450 850 51,040$ $ 80 690 Prev ADVENTURE TRAVEL Unadjusted Trial Balance April 30 Account Title Debit Credit 0 1,800 2,600 35,000 0 101: Cash 106. Accounts receivable 24 Office supplies 128. Prepaid insurance 167 Computer equipment 168 Accumulated depreciation-Computer equipment 209. Salaries payable 301:J. Nozomi, Capital 302 J. Nozomi, Withdrawals 405 Commissions earned 612 Depreciation expense -Computer equipment 622 Salaries expense 637: Insurance expense 640. Rent expense 650. Office Supplies expense 684 Repairs expense 688 Telephone expense Total 67,000 2,400 10,500 0 2,400 0 2,500 0 450 850 48,000 $ 77,500 ADVENTURE TRAVEL Income Statement For Month Ended April 30 Revenues Commissions earned Expenses Depreciation expense--Computer equip Salaries expense Insurance expense Rent expense Office Supplies expense Repairs expense Telephone expense Total expenses Net income 0 $ 0 Prepare the statement of owner's equity for the month of April 30. (Amounts to be deducted shoul minus sign.) 72015.05.13067 ADVENTURE TRAVEL Statement of Owner's Equity For Month Ended April 30 J. Nozomi, Capital, April 1 $ 0 0 J. Nozomi, Capital, April 30 $ 0 Prepare journal entries to close the temporary accounts and then post to Reg 6B General Ledger, using View transaction list X 1 Record the entry to close revenue account(s). > 2. Record the entry to close expense account(s). 3 Record the entry to close income summary. 4 Record the entry to close the withdrawals account. Credit Note: Journal entry has been entered Record entry Clear entry View general journal General Ledger accounts Cash Credit Date Apni 1 Balance Debit 32,000 Accounts Receivable Debit Credit Date Balance 32,000 Office Supplies Debit Credit Date Balance Prepaid Insurance Debit Credit Date Balance Date April 1 Computer Equipment Debit Credit 35,000 Balance (35,000) Accumulated Depreciation Computer equipment Debit Credit Balance Date Computer Equipment Debit Credit 35,000 Accumulated Depreciation-Computer equipment Debit Credit Balance Date April 1 Date Balance (35,000) Salaries Payable Debit Credit J. Nozomi, Capital Debit Credit Date Balance Date Balance J. Nozomi, Withdrawals Debit Credit Commissions earned Debit Credit Date Balance Date Balance Depreciation Expense-Computer Equipment Date Debit Credit Balance Salaries Expense Debit Credit Date Balance Insurance Expense Debit Credit Rent Expense Debit Credit Date Balance Date Balance Office Supplies Expense Debit Credit Repairs Expense Debit Credit Date Balance Date Balance Telephone Expense Debit Credit Date Income Summary Debit Credit Balance Date Balance Prepare a post-closing trial balance. ADVENTURE TRAVEL Post-Closing Trial Balance April 30 Account Title Debit Credit Totals 0 $ 0
