On April 1, Isaac Carter created a new travel agency, Carter Travel. The following transactions occurred during the company's first month. Apr. Carter invested $3,000 cash and computer equipment worth $10,000 in the company. Ape 2 The company rented furnished office space by paying $2,100 cash for the first month's (April) rent. Apr. The company purchased $2,000 of office supplies for cash Apr. 10 The company paid $3,600 cash for the prentun on a 12-month insurance policy. Coverage bein on April 11. Apr. 14 The company paid $1,400 cash for two weeks' salaries earned by employees Apr. 24 The company collected $14,000 cash for comissions earned Apr. 28 The company paid $1,400 cash for two weeks' salaries earned by employees Apr. 29 The company paid $500 cash for minor repairs to the company's computer. Apr. 30 The company paid $600 cash for this month's telephone bill. Apr. 30 carter withdrew $2,200 cash from the company for personal use. Information for month-end adjustments follows: a. Prepaid insurance of $200 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 $300 d. Employees earned $560 of unpaid and unrecorded salaries as of month-end. e. The company earned $1840 of commissions that are not yet billed at month-end. General General Income St Owners Requirement Trial Balance Journal Balance Sheet Post Closing Ledger Statement Equity Prepare the required fournal entries, adjusting entries, and closing entries for Carter Travel View transaction list Journal entry worksheet 19 > 52Fwconnects Do you Statements Project Saved On April 1, Isaac Carter created a new travel agency, Carter Travel. The following transactions occurred during the company's first month. Apr. 1 carter invested $37,000 cash and computer equipment worth $18,000 in the company. Apr. 2 The company rented furnished office space by paying $2,100 cash for the first month's (April) rent. Apr. 3 The company purchased $2,000 of office supplies for cash. Apr. 10 The company paid $3,600 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. Apr. 14 The company paid $1,400 cash for two weekssalaries earned by employees. Apr. 24 The company collected $14,000 cash for comissions earned. Apr. 28 The company paid $1,400 cash for two weeks' salaries earned by employees. Apr. 29 The company paid $500 cash for minor repairs to the company's computer. Apr. 30 The company paid $600 cash for this month's telephone bill. Apr. 30 Carter withdrew $2,200 cash from the company for personal use. Information for month-end adjustments follows: a. Prepaid insurance of $200 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 $300. d. Employees earned $560 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,840 of commissions that are not yet billed at month-end. cos General General Income St Owners Requirement Trial Balance Journal Ledger Statement Balance Sheet Post Closing Equity Prepare the required journal entries, adjusting entries, and closing entries for Carter Travel View transaction list Journal entry worksheet 8 ***** 19
