On April 1, 2017, Robert King created a new travel agency, King Travel. The following transactions occurred during the companys first month.

Apr. 1 King invested $44,000 cash and computer equipment worth $22,200 in the company.

Apr. 2 The company rented furnished office space by paying $2,000 cash for the first months (April) rent.

Apr. 3 The company purchased $2,000 of office supplies for cash.

Apr. 10 The company paid $1,800 cash for the premium on a 12-month insurance policy. Coverage begins on April 11.

Apr. 14 The company paid $1,540 cash for two weeks salaries earned by employees.

Apr. 24 The company collected $12,000 cash on commissions from airlines on tickets obtained for customers.

Apr. 28 The company paid $1,540 cash for two weeks salaries earned by employees.

Apr. 29 The company paid $650 cash for minor repairs to the companys computer.

Apr. 30 The company paid $600 cash for this months telephone bill.

Apr. 30 King withdrew $1,700 cash from the company for personal use.

Information for month-end adjustments follows:

Two-thirds (or $100) of one months insurance coverage has expired.

At the end of the month, $950 of office supplies are still available.

This months depreciation on the computer equipment is $370. Employees earned $616 of unpaid and unrecorded salaries as of month-end.

The company earned $1,810 of commissions that are not yet billed at month-end.

Record the entry to close the revenue accounts

Record the entry close to the expense accounts.

Record the entry to close income summary Record the entry to close owners withdrawals account

GENERAL JOURNAL, GENERAL LEDGER, TRIAL BALANCE, INCOME STATEMENT, ST OWNERS EQUITY, BALANCE SHEET, POST CLOSING.