Apr. I Nozomi invested $$30,000$ cash and computer equipment worth $$20,000$ in the company.

$2$ The company rented furnished office space by paying $$1,800$ cash for the first month's $($April$)$ rent.

$3$ The company purchased $$1,000$ of office supplies for cash.

$10$ The company paid $$2,400$ cash for the premium on a $12-$month insurance policy, Coverage begins on April $11.$

$14$ The company paid $$1,600$ cash for two weeks' salaries earned by employees.

$24$ The company collected $$8,000$ cash for commissions earned.

$28$ The company paid $$1,600$ 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 $$750$ cash for this month's telephone bill.

$30$ Nozomi withdrew $$1,500$ cash from the company for personal use.

The company's chart of accounts follows.

$\backslash$table$[[101$ Cash,$405,$Commissions Earned,$],[106$ Accounts Receivable,$612,$Depreciation Expense$-$Computer Equip.,$],[124,$Office Supplies,$622,$Salaries Expense$],[128$ Prepaid Insurance,$637,$Insurance Expense,$],[167$ Computer Equipment,$640,$Rent Expense,$],[168$ Accumulated Depreciation$-$Computer Equip.,$650,$Office Supplies Expense,$],[209$ Salaries Payable,$684,$Repairs Expense,$],[301$ J$.$ Nozomi, Capital,$688,$Telephone Expense,$],[302$ J$.$ Nozomi, Withdrawals,$901,$Income Summary,$]]$

Required

Use the balance column format to set up each ledger account listed in its chart of accounts.

Prepare journal entries to record the transactions for April and post them to the ledger accounts. The company records prepaid and unearned items in balance sheet accounts.

Prepare an unadjusted trial balance as of April $30.$

Check $(3)$ Unadj, trial balance totals, $$58,000$

Use the following information to journalize and post adjusting entries for the month:

a$.$ Prepaid insurance of $$133$ has expired this month.

$(40)$ Dr$.$ Insurance Expense, $$133$

b$.$ At the end of the month, $$600$ of office supplies are still available.

c$.$ This month's depreciation on the computer equipment is $$500.$

d$.$ Employees earned $$420$ of unpaid and unrecorded salaries as of month$-$end.

e$.$ The company earned $$1,750$ of commissions that are not yet billed at month$-$end.

Prepare the adjusted trial balance as of April $30.$ Prepare the income statement and the statement of