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

April 1	Nozomi invested $42,000 cash and computer equipment worth $35,000 in the company in exchange for common stock.
April 2	The company rented furnished office space by paying $2,700 cash for the first months (April) rent.
April 3	The company purchased $1,500 of office supplies for cash.
April 10	The company paid $2,700 cash for the premium on a 12-month insurance policy. Coverage begins on April 11.
April 14	The company paid $1,800 cash for two weeks' salaries earned by employees.
April 24	The company collected $13,000 cash for commissions revenue.
April 28	The company paid $1,800 cash for two weeks' salaries earned by employees.
April 29	The company paid $400 cash for minor repairs to the company's computer.
April 30	The company paid $1,150 cash for this month's telephone bill.
April 30	The company paid $2,400 cash in dividends.

The company's chart of accounts follows:

101	Cash	405	Commissions Revenue
106	Accounts Receivable	612	Depreciation ExpenseComputer Equipment
124	Office Supplies	622	Salaries Expense
128	Prepaid Insurance	637	Insurance Expense
167	Computer Equipment	640	Rent Expense
168	Accumulated DepreciationComputer Equipment	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 $150 has expired this month.

At the end of the month, $500 of office supplies are still available.

This months depreciation on the computer equipment is $400.

Employees earned $300 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 6b. The company records 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 retained earnings for the month of April 30.

5c. Prepare the balance sheet at 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 post-closing trial balance.

(for all accounts)

This assignment is due at 11:59pm tonight,due at 11:59pm tonight, plez hurry! Also, balance sheet for all accounts. thanks!

View transaction list View journal entry worksheet Req 3 Req 4 Adj Trial Bal > ADVENTURE TRAVEL Adjusted Trial Balance April 30 Prepare the income statement for the month of April 30 . Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings for the month of April 30 . Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{5}{|c|}{ 106: Accounts Receivable } & \\ \hline Date & Debit & Credit & Balance \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Prepare a post-closing trial balance