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On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month. April 1 Nozomi
On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month. |
April | 1 | Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company. | |
2 | The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. | ||
3 | The company purchased $1,000 of office supplies for cash. | ||
10 | The company paid $2,400 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. | ||
14 | The company paid $1,600 cash for two weeks' salaries earned by employees. | ||
24 | The company collected $8,000 cash on commissions from airlines on tickets obtained for customers. | ||
28 | The company paid $1,600 cash for two weeks' salaries earned by employees. | ||
29 | The company paid $350 cash for minor repairs to the company's computer. | ||
30 | The company paid $750 cash for this month's telephone bill. | ||
30 | Nozomi withdrew $1,500 cash from the company for personal use
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