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 $32,000 cash and computer equipment worth $30,000 in the company 2 The company rented furnished office space by paying $2,300 cash for the first month's (April) rent. 3 The company purchased $1,400 of office supplies for cash 10 The company paid $2,100 cash for the premium on a 12-month insurance policy. Coverage begins on April 14 The company paid $1,500 cash for two weeks' salaries earned by employees 24 The company collected $19,500 cash on commissions from airlines on tickets obtained for customers. 28 The company paid $1,500 cash for two weeks' salaries earned by employees. 29 The company paid $450 cash for minor repairs to the company's computer. 30 The company paid $1,450 cash for this month's telephone bill. 30 Nozomi withdrew $2,300 cash from the company for personal use The company's chart of accounts follows 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip. 209 salaries Payable 301 J. Nozomi, Capital 302 J. Nozomi, Withdrawals 405 Commissions Earned 612 Depreciation Expense-Computer Equip 622 Salaries Expense 637 Insurance Expense 640 Rent Dxpense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary