GL0305 (Algo) - Based on Problem 3-5A LO P1, P3, P4, P5, PO fronth: informavion tor month end adjustments follows - Proad insurance of 5890 expied this moneh. b. Mr the ead of the month. 51000 of office moplies are sail avaluble. c. This monen y deprecution on compute equiphert is 5290 . d. Enproyees whined 5840 of urpad and inveoried salares as of morth end e. The combiry remped 51830 of commstions reverue that is not yet recorded at monthend. On April 1, Kay Wight created a new travel agency. Wright Travel. The following transactions occurred during the company's first month. Apri1 2 wrieft invested \$36, 000 cash and cosputer equipeent worth $17,400 in the corpany in exchange fon its coneon. stock. Aprit 3 the compaty rented furnisted office opece by payine $2, teo cast for the first nonth's ( Aprib) rent. April 4 the cotpany purchared 51, kee of office supplies for cash. Afria 10 the cospany paid 33,24a cash for a 12-month insurance policy. Coperage hegins an April it. April 14 The conguny pald 12, 100 cosh for two weeks' salaries earned by enoloyees. Apirl1 24 the contuny collected \$12, 900 cash toe coenissiatis revenue. April 28 the conguny patd 52, teo cash for two weeks" salaries earned by enoloyees. Aeril 23 the coopany pald 5560 cash for azor repairs to concutar equipent, Poril so the coopany pald s5te cash for tais oonth's telespone Eill. April so. The company bald 52,300 cash in ilividends. Information for month-end adjustments follaws: a. Prepald insurance of $130 expired this month. b. At the end of the month, 51100 of otfice supplies are still available. c. This monthis depreciation on computer equipment is $290. d. Finployoes earned $840 of unpeid and uncecorded salaries as of monthend. e. The company earnad $1.830 of conmissions covenue that is not yet recorded at month-end. Prepare the reguired journal entries, adjusfing entries, and ciosing entries for Whight fravel. Journal entry worksheet Prepare the required journal entries, adjusting entries, and closing entries for Wright travel. Journal entry worksheet 4567819 Wright invested $36,000 cash and computer equipment worth $17,400 in the company in exchange for its common stock. Fastmi Ereper debex before ereatin, Prepare the required journal entries, adjusting entries, and closing entries for Whight Travel, Journal entry worksheet