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On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's : first month. April 1

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On April 1, 2017, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's : 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 $1,006 of of fice supplies for cash. 10 The company paid $2,400 cash for the prenium on a 12-month insurance policy. Coverage begins on Aprit 11 . 14 The company paid $1,600 cash for two weeks" salaries earned by eaployees. 24 The company collected $8,600 cash on commissions from airlines on tickets obtained for customers. 28 The company paid $1,600 cash for two weeks' sotaries earned by employees. 29 The company paid $350 cash for ininor 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. The company's chart of accounts follows: Use the following information: a. Two-thirds (or $133 ) of one month's insurance coverage has expired. b. At the end of the month, $600 of office supplies are still availoble. c. This month's depreciation on the computer equipment is $500. d. Employees earned $420 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,750 of commissions that are not yet billed at month-end. Required: Required: 1. 2. Prepare journal entries to record the tronsactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. 4 loumalize the arliustinn entrias for the month and nrenare the arliucted trial halanre Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 5b. The company records prepaid and unearned items in balance sheet accounts: 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30, 2017. 5b. Prepare the statement of owner's equity for the month of April 30, 2017. 5c. Prepare the balance sheet at April 30, 2017. 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance: Complete this question by entering your answers in the tabs below. Using adjusted account balances from Requirement 66 , prepare an adjusted trial balance as of April 30

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