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I need help filling out the unadjusted balance sheet. thanks! On April 1. Anita Strods created a new travel agency. Strods Travel. The following transactions
I need help filling out the unadjusted balance sheet. thanks!
On April 1. Anita Strods created a new travel agency. Strods Travel. The following transactions occurred during th month. April 2 Strods invested $46,000 cash and computer equipment worth $23,400 in the company. April 3 The company rented furnished office space by paying $2,200 cash for the first month's (April) rent. April 4 The company purchased $2,400 of office supplies for cash. April 10 The company paid $2,520 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The corny paid $1,820 cash for two weeks' salaries earned by employees. April 24 The company collected $16,000 cash for commissions revenue. April 28 The company paid $1,820 cash for two weeks' salaries earned by employees. April 29 The company paid $500 cash for minor repairs to computer equipment. April 30 The company paid $750 cash for this month's telephone bill. April 30 Strods withdrew $1,900 cash from the company for personal use. Information for month-end adjustments follows: a. Prepaid Insurance of $140 expired this month. b. At the end of the month, $1,050 of office supplies are still available. c. This month's depreciation on computer equipment is $390, d. Employees eamed $728 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,830 of commissions revenue that is not yet recorded at month-end. JOVE Unadjusted 1 STRODS TRAVEL Balance Sheet April 30 ASSETS 100 points Current assets $ 0 0 Hint 0 0 0 Plant assets LIABILITIES AND EQUITY Current liabilities $ 0 0 $ 0 Equity Step by Step Solution
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