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On April 1, Jeffrey Wilson created a new travel agency, Wilson Travel. The following transactions occurred during the company's first month. April 2 Wilson invested

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On April 1, Jeffrey Wilson created a new travel agency, Wilson Travel. The following transactions occurred during the company's first month. April 2 Wilson invested $37,000 cash and computer equipment worth $10,800 in the company. April 3 The company rented furnished office space by paying $2,500 cash for the first month's (April) rent. April 4 The company purchased $2,400 of office supplies for cash. April 10 The company paid $3,600 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,400 cash for two weeks' salaries carned by employees. April 24 The company collected $22,000 cash for commissions revenue. April 28 The company paid $1,400 cash for two weeks' salaries earned by employees. April 29 The company paid $500 cash for minor repairs to computer equipment. April 30 The company paid $750 cash for this month's telephone bill. April 30 Wilson withdrew $2,200 cash from the company for personal use. Information for month-end adjustments follows: 3. Prepaid insurance of $200 expired this month. >. At the end of the month. $950 of office supplies are still available. .. This month's depreciation on computer equipment is $180. 1. Employees earned $560 of unpaid and unrecorded salaries as of month-end. 2. The company earned $1,820 of commissions revenue that is not yet recorded at month-end. General General Trial Require... Income St Balance Post Journal Ledger Balance Statem... Owners Sheet Closing General Journal tab - Prepare journal entries for Wilson Travel's first month of operations. Prepare any necessary adjusting and closing entries for the current month. General Ledger tab - Each journal entry is posted automatically to the general ledger. Use the drop-down button to view the unadjusted, adjusted, or post-closing balances. Trial Balance tab - You may view the unadjusted, adjusted, or post-closing trial balances by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs. Income Statement tab - Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Statement of Owner's Equity tab - The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Balance Sheet tab - Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Post-Closing tab - Use the drop-downs to indicate whether each account is included on the post-closing trial balance

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