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

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On April 1, Diro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 MOON ver $50,999 cehend computerworth $39,000 in the company. 2. The company read furnished office space by peyi $1,600 cost for the first month'. (April) rent. The company purchased $1,200 of office supplies for cast 1 The company pois $2,700 cesh for the premium 06. 12 onth inwerance policy. Coverage bein on April 11. 16 The company paid $1,600 cash for two weeks welerses cerned by employees 26 The company collected $8,500 cash for consELODE earned 28 The company paid $1,600 cash for two weeks seleries earned by employees. 29 The company paid $450 cash for minor repairs to the company's computer. 30 The company paid $1,000 cash for this month. telephone bill. 30 sosomi withdrew $2,100 cash from the company for personal use. The company's chart of accounts follows: 101 CAND 106 Recounts Receivable 124 Office Supplies 121 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip. 209 salaries Payable 301 J. Nononi, Capital 302 J. Hozomi, Withdrawala 405 Comissions Larned 612 Depreciation Expense-Computer Equip. 622 salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Suary Use the following information: a. Prepaid insurance of $150 has expired this month. b. At the end of the month, $600 of office supplies are still available. c. This month's depreciation on the computer equipment is $500. d. Employees earned $360 of unpaid and unrecorded salaries as of month-end. e. The company earned $1.550 of commissions that are not yet billed at month-end. Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company decords 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, 5b. Prepare the statement of owner's equity for the month of April 30 5c. Prepare the balance sheet of April 30, 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 pout closing trial balance Complete this question by entering your answers in the tabs below. Rego Ros 1 and 2 B Reg 4 Ads R4 Ad Entries Tralal Reg 5A Reg 58 Re 5C Reg 66 GL Reg 7 Prepare yournal entries to record the transactions for April and post them to the ledger accounts in Requirement. The company cords prepaid and uncerned items in balance sheet accounts Journal entry worksheet 2 wah SWAH

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