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o Problem 3-6A Applying the accounting cycle LO P1, P2, P3, P4, P5 On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure

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Problem 3-6A Applying the accounting cycle LO P1, P2, P3, P4, P5 On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Apri Nozomi invested $38, 000 cash and conputer equipment rorth $40,000 in the company in exchange for common stock 2 The cospany rented furni shed office space by paying $2, 500 cash for the first sonth (April) rent 3 The cospany purchased $1, 500 of office supplies for cash. 10 The company paid $2, 700 cash for the premiun on a 12-month insurance policy. Coverage begins on April 11 14 The cospany paid $900 cash for to reeks' salaries earned by employees. 24 The company collected $22, 500 cash on coamissions from airlines on tickets obtained for custoners. 28 The company paid $900 cash for to reeks' salaries earned by emplorees. 20 The cospany paid $400 cash for minor repairs to the company' s computer 30 The company paid $1, 400 cash for this month's telephone bill. 30 The company paid $1, 800 cash in dividends. The company's chart of accounts follows 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Cosputer Equipment 168 Accumulated Depreclation Computer Equip. 209 Salaries Payable 07 Comon Stock 318 Retained Earnings 319 Dividends 405 Commissions Earned 612 Depreclation Expense -Computer Equip. 22 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repars Expense 688 Telephone Expense 901 Income Sumary Use the following information

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