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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. hptil 2 kilson invested
On April 1, Jeffrey Wilson created a new travel agency. Wilson Travel. The following transactions occurred during the company's first month. hptil 2 kilson invested $37,000 cash apd coepater equiptsent worth $10,000 in the conpany in exchange tor fta corten stock. April 3 The company rented furnished office space by paying $2,500 cash for the firat nosth's (Apri1) rent. ApriI 4 The company purchased $2,400 of office supplies tor cash. April 10 The company paid $3,600 cash for a 12 -nonth insurance policy. Coverage begins on April 11 . April 14 The campany paid 51,400 cash for two veeks " salarles earned by enployees. April 24 The eompany collected $22,000 cash for consissians revenue. April 28 The company paid $1,400 eash for two weeks' salariea earned by exployees. Apri1 29 The company paid $00 cash for minor repairs to computer equipment. April 30 The company paid $750 cash for thin month's telephone bill. April 30 The company paid $2,200 cash in dividends. Information for month-end adjustments follows: a. Prepaid insurance of $200 expired this month. b. At the end of the month, $950 of office supplies are still available. c. This month's depreciation on computer equipment is $180. d. Employees earned $560 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,820 of commissions revenue that is not yet recorded at month-end. You may view either the unadjusted, adjusted, or post-closing trial balance by choosing from the drop-down box below. Your chioice will determine the reported values on the financial statement tabs
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