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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 Jiro Nozomi created a new travel agency,
Adventure Travel. The following transactions occurred during the
companys first month. April Nozomi invested $ cash and
computer equipment worth $ in the company in exchange for
common stock. The company rented furnished office space by paying
$ cash for the first month's April rent. The company
purchased $ of office supplies for cash. The company paid
$ cash for the premium on a month insurance policy.
Coverage begins on April The company paid $ cash for
two weeks' salaries earned by employees. The company collected
$ cash on commissions from airlines on tickets obtained for
customers. The company paid $ cash for two weeks' salaries
earned by employees. The company paid $ cash for minor
repairs to the company's computer. The company paid $ cash
for this month's telephone bill. The company paid $ cash
for dividends.
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