On April 1, 2009, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month: April 1 Nozomi invested $32,000 cash and computer equipment worth $26,000 in the company. 2 The company rented furnished office space by paying $1,300 cash for the first months (April) rent. 3 The company purchased $2,500 of office supplies for cash. 10 The company paid $2,502 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $2,300 cash for two weeks salaries earned by employees. 24 The company collected $16,000 cash on commissions from airlines on tickets obtained for customers. 28 The company paid another $2,400 cash for two weeks salaries earned by employees. 29 The company paid $750 cash for minor repairs to the companys computer. 30 The company paid $550 cash for this months telephone bill. 30 Nozomi withdrew $1,200 cash for personal use. The company's chart of accounts follows: 101 Cash 405 Commissions Earned 106 Accounts Receivable 612 Depreciation ExpenseComputer Equip. 124 Office Supplies 622 Salaries Expense 128 Prepaid Insurance 637 Insurance Expense 167 Computer Equipment 640 Rent Expense 168 Accumulated DepreciationComputer Equip. 650 Office Supplies Expense 209 Salaries Payable 684 Repairs Expense 301 J. Nozomi, Capital 688 Telephone Expense 302 J. Nozomi, Withdrawals 901 Income Summary Offline (not submitted or graded in this system) Use the balance column format to set up each ledger account listed in its chart of accounts. Requirement 2: Prepare journal entries to record the transactions for April and post them to the ledger accounts. The company records prepaid and unearned items in balance sheet accounts