April 2 Nozoni invested $58,800 cash and computer equipment worth $25,000 in the cospany. April.3 The conpany rented furnished office space by paying \$2, 100 cash for the first month's (April) rent. Apri2 4 The conpany purchased $1,480 of office supplies for cash. April 18 The company paid $2,806 cash for a 12-month insurance policy. Coverage begins on Apr 1111. April 14 The conpany paid $1,600 cash for two week. 5 alaries earned by enplayces. April 24 The company collected $9,5e0 cash for comissions revenue. April 28 The conpany pald $1, eee cash for tuo weeks'ist salaries earned by eoployees. April 29 The company paid $359 cash for minor repairs to conputer equipent. April 30 The conpany paid $1,500 cash for this nonth's telephone bill. April 30 Nozoni withdrew $1,600 cash fron the conpany for personal use. The company's chart of accounts follows: Use the following information to prepare adjusting entries a. Prepaid insurance of $156 expired this month b. At the end of the month, 5600 of oftice supplies are still avallable. c. This month's deprecinton on computer equipment is $300 d. Employees earned $300 of unpaid and unrecorded salaries as of month-end e. The company earned $2,300 of commissions revenue that is not yet rocorded at month end Required: 1. 82. Prepare journal entries to record the vansoctions for Apit and post them to ledget accounts in Beq. 60 G tab. The company records prepaid and uneared items in balance sheet accpunts. 3. Using account balances from Requirement 66 , peepore an ungdjusted trial balance as ef Apen 30. 4. Journalize the adjusuno enyes for the month, and then post to the ledger on Red 6 tab, vahs. Apei 30 Adjusted as the date. 5. Using adjusted account belenices tion Req 6BCL tab. prepare an adjusted tial balance as or April 30 5b. Piepore the income staterient for the month of Apsil 30 . 5c. Piepare the stasement of owhers equaly tor the month of April 30 5d. Prepare the balance gieot at Apil 20 . 5a. Pienare joumal entiles to dose me temporary accounts and then post to Piog 68cL tab, using April 30 cibe as the dale 6b. Post thejourrial entress to the ledger Prepare the Income statement for the month of April 30. April 2 Nozoni invested $58,800 cash and computer equipment worth $25,000 in the cospany. April.3 The conpany rented furnished office space by paying \$2, 100 cash for the first month's (April) rent. Apri2 4 The conpany purchased $1,480 of office supplies for cash. April 18 The company paid $2,806 cash for a 12-month insurance policy. Coverage begins on Apr 1111. April 14 The conpany paid $1,600 cash for two week. 5 alaries earned by enplayces. April 24 The company collected $9,5e0 cash for comissions revenue. April 28 The conpany pald $1, eee cash for tuo weeks'ist salaries earned by eoployees. April 29 The company paid $359 cash for minor repairs to conputer equipent. April 30 The conpany paid $1,500 cash for this nonth's telephone bill. April 30 Nozoni withdrew $1,600 cash fron the conpany for personal use. The company's chart of accounts follows: Use the following information to prepare adjusting entries a. Prepaid insurance of $156 expired this month b. At the end of the month, 5600 of oftice supplies are still avallable. c. This month's deprecinton on computer equipment is $300 d. Employees earned $300 of unpaid and unrecorded salaries as of month-end e. The company earned $2,300 of commissions revenue that is not yet rocorded at month end Required: 1. 82. Prepare journal entries to record the vansoctions for Apit and post them to ledget accounts in Beq. 60 G tab. The company records prepaid and uneared items in balance sheet accpunts. 3. Using account balances from Requirement 66 , peepore an ungdjusted trial balance as ef Apen 30. 4. Journalize the adjusuno enyes for the month, and then post to the ledger on Red 6 tab, vahs. Apei 30 Adjusted as the date. 5. Using adjusted account belenices tion Req 6BCL tab. prepare an adjusted tial balance as or April 30 5b. Piepore the income staterient for the month of Apsil 30 . 5c. Piepare the stasement of owhers equaly tor the month of April 30 5d. Prepare the balance gieot at Apil 20 . 5a. Pienare joumal entiles to dose me temporary accounts and then post to Piog 68cL tab, using April 30 cibe as the dale 6b. Post thejourrial entress to the ledger Prepare the Income statement for the month of April 30
