Chapter 4 Assignment Help Save& Exit Sub Check my wo 2 On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $3e,000 cash and computer equipment worth $20,000 in the company. 0 olnts 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. 19 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 $1,6e0 cash for two weeks' salaries earned by employees 29 The company paid $350 cash for minor repairs to the company's computer 3e The company paid $750 cash for this month's telephone bill. 30 Nozomi withdrew $1,5e0 cash from the company for personal use. eBook Print The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip. 209 Salaries Payable 301 J. Nozomi, Capital 392 'J. Nozomi, withdrawals 485 Commissions Earned 612 Depreciation Expense-Computer Equip. 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following informati