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this auestion b Assignment Print View oward: 6.42 points tOn Anon 1, 2018,Jiro Nozomi created a now travel agenoy, Adventure Travel The tollowing transacions occurred during the company's first month 1 Nozomi invested $31,000 cash and computer equipment worth $30,000 in the company in exchange for common stock. 2 The 3 The company purchased $1,100 of office supplies for cash. 10 company paid $2.100 cash for the premium on a 12-month insurance policy Coverage begins on Apeil 11 company paid $1,800 cash for two woeks' salaries eamed by employees The tickets obtained for customers 24 The company collected $13,000 cash on commissions from airlines orn 28 The company paid $1,800 cash for two weeks' salaries earned by employees. 29 The company paid $500 cash for minor repairs to the company's computer 30 The company paid $1,400 cash for this mondh's telephone bil. 30 The company paid $1,600 cash in dividends. The company's chart of accounts follows: 405 Commissions Eamed 612 Depreciation Expense-Computer Equip. 622 Salaries Expense 101 Cash 108 Accounts Receivable 124 Oce Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Equip. Use the following information a. Two-thirds for $117) of one month's insurance coverage has expired b. At the end of the month, $800 of office supplies are sil available. c. This month's depreciation on the computer equipment is $600. d. Employees earned $370 of unpaid and unrecorded salaries as of month-end. e. The company eamed $1,700 of commissions that are not yet billed at month-end Required: 1. & 2. Prepare ournal entries to recordthe transactions for Apri 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, 2018 5b. Prepare the statement of retained eamings for the month of April 30, 2018. 5c. Prepare the balance sheet at April 30, 2018 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b 6b. Post the joumal entries to the ledger 7. Prepare a post-closing trial balance