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April 1 , 2 0 1 3 , Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company s

April 1,2013, Jiro Nozomi created a new travel agency,
Adventure Travel. The following transactions occurred during the
companys first month. April 1 Nozomi invested $30,000 cash and
computer equipment worth $20,000 in the company in exchange for
common stock. 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 on commissions from airlines on tickets obtained for
customers. 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 The company paid $1,500 cash
for dividends.

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