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On April 1, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apri1 2 Nozoni invested

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On April 1, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apri1 2 Nozoni invested $45,000 cash and computer equipment worth 835,000 in the company in exchange for its common stock. Apr11 3 The company rented furnished office space by paying $2,500 cash for the first month's (April) rent. April 4 The company purchased $1,800 of office supplies for cash. April 10 The company paid $2,520 cash for a 12 -month insurance policy. Coverage begins on April 11. April 24 The company collected $11,000 cash for comissions revenue. April 28 The company paid $900 cash for two weeks" salaries earned by employees. Apri1 29 the comany paid $300 cash fon minor repairs to coeputer equipment. Apr11 30 the company paid 51,550 cash for this month's telephone bi11. Apri1 30 The compony poid $1,580 cash in dividends. The company's chart of accounts follows: Use the following information to prepare adjusting entries: The company's chart of accounts follows: a. Prepaid insurance of $140 expired this month b. At the end of the month, $700 of office supplies are still avallable. c. This month's depreciation on computer equipment is $500 d. Employees earned $310 of unpaid and unrecorded salaries as of month-end e. The company earned $2.250 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 6BGL tab. The company records prepaid and unearned items in balance sheet accounts 3. Using account balances from Requirement 6BGL tab, prepare an unadjusted trial balance as of April 30 . 4. Joumalize the adjusting entries for the month, and then post to the ledger on Requirement 6BGL tab, using April 30 Adjusted as the date. 50. Using adjusted account balances from Requirement 6BGL tab, prepare an adjusted trial balance as of April 30. 5b. Prepare the income statement for the month of April 30 . 5c. Prepare the statement of retained earnings for the month of April 30 . 5d. Prepare the balance sheet at April 30 . 6o. Prepare Journal entries to close the temporary accounts and then post to Requirement 6BCL tab, using April 30 Close as the date 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance

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