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On April 1, 2015, Jennifer Stafford created a new travel agency, See-lt-Now Travel. The following transactions occurred during the company's first month. April1 Stafford invested

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On April 1, 2015, Jennifer Stafford created a new travel agency, See-lt-Now Travel. The following transactions occurred during the company's first month. April1 Stafford invested $20,000 cash and computer equipment worth $40,000 in the company. 2 The company rented furnished office space by paying $1,700 cash for the first month's (April) rent 3 The company purchased $1,100 of office supplies for cash. 10 The company paid $3,600 cash for the premium on a 12-month insurance policy. Coverage begins on April 11 14 The company paid $1,800 cash for two weeks' salaries earned by employees. 24 The company collected $7,900 cash on commissions from airlines on tickets obtained for customers. 28 The company paid $1,800 cash for two weeks' salaries earned by employees. 29 The company paid $250 cash for minor repairs to the company's computer. 30 The company paid $650 cash for this month's telephone bill. 30 Stafford withdrew $1,500 cash from the company for personal use. The company's chart of accounts follows: 405 Commissions Earned 612 De 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 101 Cash Equip. 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment Office Supplies Expense 650 684 Repairs Expense 688 Te 901 Income Summary d Depreciation-Computer Equip. 209 Saleries Payable 301 J. Stafford, Capital 302 J. Stafford, Withdrawals Use the following a. Two-thirds of one month's insurance coverage has expired. b. At the end of the month, $700 of office supplies are still available c. This month's de d. Employees earned $320 of unpaid and unrecorded salaries as at month-end on the computer equipment is $600 6.1 Prepare journal entries to close the temporary accounts. (Omit the "$" sign in your response.) Date April 30 To close the (Click to select) Click to se required. Omit the "$" sign in your response.)

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