On April $1,$ Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company$$s first month.

April $1$ Nozomi invested $$43,000$ cash and computer equipment worth $$25,000$ in the company in exchange for common stock.

$2$ The company rented furnished office space by paying $$2,800$ cash for the first month$$s $($April$)$ rent.

$3$ The company purchased $$1,100$ of office supplies for cash.

$10$ The company paid $$2,500$ cash for the premium on a $12-$month insurance policy. Coverage begins on April $11.$

$14$ The company paid $$1,200$ cash for two weeks' salaries earned by employees.

$24$ The company collected $$13,500$ cash for commissions earned.

$28$ The company paid $$1,200$ cash for two weeks' salaries earned by employees.

$29$ The company paid $$350$ cash for minor repairs to the company's computer.

$30$ The company paid $$1,500$ cash for this month's telephone bill.

$30$ The company paid $$2,000$ cash in dividends.

The company's chart of accounts follows:

$101$ Cash $405$ Commissions Earned

$106$ Accounts Receivable $612$ Depreciation Expense$$Computer Equip.

$124$ Office Supplies $622$ Salaries Expense

$128$ Prepaid Insurance $637$ Insurance Expense

$167$ Computer Equipment $640$ Rent Expense

$168$ Accumulated Depreciation$$Computer Equip. $650$ Office Supplies Expense

$209$ Salaries Payable $684$ Repairs Expense

$307$ Common Stock $688$ Telephone Expense

$318$ Retained Earnings $901$ Income Summary

$319$ Dividends

Use the following information:

Prepaid insurance of $$139$ has expired this month.

At the end of the month, $$600$ of office supplies are still available.

This month$$s depreciation on the computer equipment is $$400.$

Employees earned $$310$ of unpaid and unrecorded salaries as of month$-$end.

The company earned $$1,950$ 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 $6$b$.$ The company records prepaid and unearned items in balance sheet accounts.

$3.$ Using account balances from Requirement $6$b$,$ prepare an unadjusted trial balance as of April $30.$

$4.$ Journalize the adjusting entries for the month and prepare the adjusted trial balance.

$5$a$.$ Prepare the income statement for the month of April $30.$

$5$b$.$ Prepare the statement of retained earnings for the month of April $30.$

$5$c$.$ Prepare the balance sheet at April $30.$

$6$a$.$ Prepare journal entries to close the temporary accounts and then post to Requirement $6$b$.$

$6$b$.$ Post the journal entries to the ledger.

$7.$ Prepare a post$-$closing trial balance.