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n April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first nonth. Apri1 2 Nozomi invested

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n April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first nonth. Apri1 2 Nozomi invested $33,000 cash and computer equipment worth $30,000 in the company in exchange for its common stock. Apri2 3 The company rented furnished office space by paying $2,000 cash for the first month's (April) rent. April 4 The company purchased $1,200 of office supplies for cash. pril 10 The company paid $2,700 cash for a 12-month insurance policy. Coverage begins on April 11. april 14 The company paid $1,600 cash for two weeks' salaries earned by employees. Apr11 24 the company collected $10,500 cash for comnissions revenue. apri1 28 The company paid $1,600 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 $1,300 cash for this month's telephone bill. april 30 the company paid $1,510 eash in dividends. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepaid insurance of $150 expired this month. b. At the end of the month, $500 of office supplies are still available. c. This month's depreciation on computer equipment is $400. d. Employees earned $460 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,200 of commissions revenue that is not yet recorded at month-end. n April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first nonth. Apri1 2 Nozomi invested $33,000 cash and computer equipment worth $30,000 in the company in exchange for its common stock. Apri2 3 The company rented furnished office space by paying $2,000 cash for the first month's (April) rent. April 4 The company purchased $1,200 of office supplies for cash. pril 10 The company paid $2,700 cash for a 12-month insurance policy. Coverage begins on April 11. april 14 The company paid $1,600 cash for two weeks' salaries earned by employees. Apr11 24 the company collected $10,500 cash for comnissions revenue. apri1 28 The company paid $1,600 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 $1,300 cash for this month's telephone bill. april 30 the company paid $1,510 eash in dividends. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepaid insurance of $150 expired this month. b. At the end of the month, $500 of office supplies are still available. c. This month's depreciation on computer equipment is $400. d. Employees earned $460 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,200 of commissions revenue that is not yet recorded at month-end

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