Check my work 7 Problem 3-5A Applying the accounting cycle LO P1, P2, P3, P4, P5, P6, P7, P8 On April, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozont invested $32,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $1,900 cash for the first month's (Aprift) rent. 3 The company purchased $1,200 of office supplies for cash. 10 The company paid $2,300 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,500 cash for two weeks' salaries carned by employees. 28 The company paid $1.500 cash for two weeks salaries earned by employees. 29 The company paid $450 cash for minor repairs to the company's computer. 30 The company paid $1,550 cash for this month's telephone bill. 30 The company paid $2,000 cash in dividends. The company's chart of accounts follows: 181 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accutulated Depreciation-Computer Equip. 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 405 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 LO Help Save a Sad Ch 3: Homework CH 901 Income Summary 7 318 Retained Earnings 319 Dividends Use the following information: points a. Prepaid insurance of $128 has expired this month b. At the end of the month, $600 of office supplies are still available c. This month's depreciation on the computer equipment is $500 d. Employees earned $490 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,050 of commissions that are not yet billed at month-end. BOOK Print Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. 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 prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30. 5b. Prepare the statement of retained earnings for the month of April 30, 5c. Prepare the balance sheet at April 30. 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b. 6b. Post the journal entries to the ledger 7. Prepare a post.closing trial balance References Complete this question by entering your answers in the tabs below. Reg 4 Ad Reg4 Ad) Entries Thalal Reg 5 Req 1 and 2 Reg 5 Reg GA Reg 3 Reg SC Reg 6B GL Reg 7 Prepare the balance sheet at April 30. ADVENTURE TRAVEL Balance Sheet April 30 TES Req 6A Req 4 Adj Entries Req 4 Adj Trial Bal Req 5B Reg 5C Reg SA Req3 Reg 1 and 2 Prepare the balance sheet at April 30. ADVENTURE TRAVEL Balance Sheet April 30 0 Total assets $ 0 Total equity Total liabilities and equity $