Following his recent loss at the U$.$S$.$ elections, former President Trump has had to return to work. He has decided to open a travel agency, and has asked you to be his intern. He would like you to assist him with recording his monthly business transactions, and preparation of his monthly financial statements.

On April $1,2021,$ Donald Trump created a new travel agency, Travel with Trump. The following transaction occurred during the company's first month.

April $1$: Trump invested $$20,000$ cash and computer equipment worth $$40,000$ in the company. April $2.$ The company rented furnished office space by paying $$1,700$ cash for the first month's$($April$)$ rent

April $3$: The company purchased $$1,100$ of office supplies for cash

April $10$: The company paid $$3,600$ cash for the premium on a $12-$month insurance policy.

Coverage begins on April $11$

April $14$: The company paid $$1,800$ cash for two weeks' salaries earned by employees

April $24$: The company collected $$7,900$ cash on commissions from airlines on tickets obtained for customers

April $28$: The company paid $$1,800$ cash for two weeks' salaries earned by employees

April $29$: The company paid $$250$ cash for minor repairs to the company's computer

April $30$: The company paid $$650$ cash for this month's telephone bill

April $30$: Donald Trump withdrew $$1,500$ cash from the company for personal use

TASK

Prepare journal entries to record the transactions for April and post them to the ledger accounts

Prepare an unadjusted trial balance at as April $30$

Use the following information to journalize and post adjusting entries for the month

a$)$ Two$-$thirds of one month's insurance coverage has expired

b$)$ At the end of the month, $$700$ of office supplies are still available

c$)$ This month's depreciation on the computer equipment is $$600$

d$)$ Employees earned $$320$ of unpaid and unrecorded salaries as at month end

e$)$ The company earned $$1,650$ of commissions that are not yet billed at month end

Prepare the income statement and the statement of changes in equity for the month of April and the statement of financial position at April $30,2021$

Prepare journal entries to close the temporary accounts and post these entries to the led ger

Prepare a post closing trial balance