\begin{tabular}{|l|l|r|} \hline \multicolumn{3}{|c|}{ ADVENTURE TRAVEL } \\ \hline \multicolumn{2}{|c|}{ Statement of Owner's Equity } \\ \hline J. Nozomi, Capital, April 1 & & $ \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline J. Nozomi, Capital, April 30 & & $ \\ \hline \end{tabular} 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. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ 612: Depreciation Expense-Computer Equipment } & \multicolumn{4}{|c|}{ 622: Salaries Expense } \\ \hline Date & Debit & Credit & Balance & Date & Debit & Credit & Balance \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & :Insur: & ense & & & ;40: Re & & \\ \hline Date & Debit & Credit & Balance & Date & Debit & Credit & Balance \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & ffice St & Expense & & & 4: Rep & & \\ \hline Date & Debit & Credit & Balance & Date & Debit & Credit & Balance \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline \end{tabular} On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozomi invested $33, cash and computer equipment worth $35, in the company. April 3 The company rented furnished office space by paying $2,300 cash for the first month's (April) rent. April 4 The company purchased $1,700 of office supplies for cash. April 10 The company paid $2,200 cash for a 12 -month insurance policy. Coverage begins on April 11 . April 14 The company paid $1,200 cash for two weeks' salaries earned by employees. April 24 The company collected $8,0 cash for commissions revenue. April 28 The company paid $1,200 cash for two weeks' salaries earned by employees. April 29 The company paid $450 cash for minor repairs to computer equipment. April 3 The company paid $1, cash for this month's telephone bill. April 30 Nozomi withdrew $1,900 cash from the company for personal use. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ ADVENTURE TRAVEL } \\ \hline \multicolumn{2}{|c|}{ Income Statement } & \\ \hline Revenues: & & \\ \hline & & \\ \hline Expenses: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total expenses & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Unadjusted Trial Balance } \\ \hline \multicolumn{4}{|c|}{ April 30} \\ \hline Account Title & \multicolumn{2}{|c|}{ Debit } & \multirow[t]{2}{*}{ Credit } \\ \hline 101: Cash & $ & 29,050 & \\ \hline \multicolumn{4}{|l|}{ 106: Accounts receivable } \\ \hline \multicolumn{4}{|l|}{ 124: Office supplies } \\ \hline \multicolumn{4}{|l|}{ 128: Prepaid insurance } \\ \hline \multicolumn{4}{|l|}{ 167: Computer equipment } \\ \hline \multicolumn{4}{|c|}{ 168: Accumulated depreciation-Computer equipment } \\ \hline \multicolumn{4}{|l|}{ 209: Salaries payable } \\ \hline \multicolumn{4}{|l|}{ 301: J. Nozomi, Capital } \\ \hline \multicolumn{4}{|l|}{ 302: J. Nozomi, Withdrawals } \\ \hline \multicolumn{4}{|c|}{ 403: Commissions revenue } \\ \hline \multicolumn{4}{|c|}{ 612: Depreciation expense-Computer equipment } \\ \hline \multicolumn{4}{|l|}{ 622: Salaries expense } \\ \hline \multicolumn{4}{|l|}{ 637: Insurance expense } \\ \hline \multicolumn{4}{|l|}{ 640: Rent expense } \\ \hline \multicolumn{4}{|c|}{ 650: Office supplies expense } \\ \hline \multicolumn{4}{|l|}{ 684: Repairs expense } \\ \hline \multicolumn{4}{|l|}{ 688: Telephone expense } \\ \hline Total & $ & 29,050 & $ \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ ADVENTURE TRAVEL } \\ \hline \multicolumn{2}{|c|}{ April 30 } \\ \hline Account Title & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Totals & & \\ \hline \end{tabular} Use the following information to prepare adjusting entries: a. Prepaid insurance of $122 expired this month. b. At the end of the month, $800 of office supplies are still available. c. This month's depreciation on computer equipment is $400. d. Employees earned $430 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,450 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Req 6BBL tab. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month, and then post to the ledger on Req 6B tab, using April 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6B GL tab, prepare an adjusted trial balance as of April 30. 5b. Prepare the income statement for the month of April 30. 5c. Prepare the statement of owner's equity for the month of April 30. 5d. Prepare the balance sheet at April 30. 6a. Prepare journal entries to close the temporary accounts and then post to Req 6B GL tab, using April 30 Close as the date. 6 b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline \multicolumn{8}{|c|}{ General Ledger accounts } \\ \hline \multicolumn{4}{|c|}{ 101: Cash } & \multicolumn{4}{|c|}{ 106: Accounts Receivable } \\ \hline Date & Debit & Credit & Balance & Date & Debit & Credit & Balance \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & 24: Offi & & & & 3: Prep & ance & \\ \hline Date & Debit & Credit & Balance & Date & Debit & Credit & Balance \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline & & & & & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|} \hline> & 6 & April 24 & Cash & 8,000 & \\ \hline & & & Commissions revenue & & 8,000 \\ \hline & 7 & April 28 & Salaries expense & 1,200 & \\ \hline & & & Cash & & 1,200 \\ \hline \multirow[t]{2}{*}{} & 8 & April 29 & Repairs expense & 450 & \\ \hline & & & Cash & & 450 \\ \hline \multirow[t]{2}{*}{} & 9 & April 30 & Telephone expense & 1,000 & \\ \hline & & & Cash & & 1,000 \\ \hline & 10 & April 30 & J. Nozomi, Withdrawals & 1,900 & \\ \hline & & & Cash & & 1,900 \\ \hline \end{tabular} Req 1 and 2 Req3> 1 kecora tne requirea aujusung entry, " any. rrepala insurance of $122 expired this month. 2 Record the required adjusting entry, if any. At the end of the month, $800 of office supplies are still available. expired 3 Record the required adjusting entry, if any. This month's depreciation on computer equipment is $400. 4 Record the required adjusting entry, if any. Employees earned $430 of unpaid and unrecorded salaries as of month-end. 5 Record the required adjusting entry, if any. The company earned $2,450 of commissions revenue that is not yet recorded at month-end