On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Nozoni invested $36.000 cash and computer equipment worth $40,000 in the company in exchange for common stock 2 The company rented furnished office space by paying $1,700 cash for the first month's (April) rent. 3. The company purchased $1,200 of office supplies for cash 10 The company paid $2,900 cash for the premiun on a 12 month Insurance policy. Coverage begins on April 11. 14 The company paid $1,300 cash for two weeks' salaries earned by employees. 24 The company collected $17,000 cash for comissions earned 28 The company paid $1,300 cash for two weeks' salaries earned by employees 29 The company paid $400 cash for minor repairs to the company's computer 30 The company paid $1,400 cash for this month's telephone bill. 30 The company paid $2,300 cash in dividends. The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip. 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 405 Commissions Earned 612 Depreciation Expense-Computer Equip. 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following information: a. Prepaid Insurance of $161 has expired this month. b. At the end of the month $700 of office supplies are still available. c. This month's depreciation on the computer equipment is $300. d. Employees earned $320 of unpaid and unrecorded salaries as of month-end. e. The company earned $2.000 of commissions that are not yet billed at month-end. Prev Next 1 of 1 ADVENTURE TRAVEL Unadjusted Trial Balance April 30 Account Title Debit Credit k nces 101. Cash 106. Accounts receivable 124. Office supplies 128. Prepaid insurance 167 Computer equipment 168 Accumulated depreciation-Computer equipment 209. Salarios payable 307 Common stock 318: Retained earnings 319. Dividends 405 Commissions earned 612 Depreciation expenso-Computer equipment 622 Salaries expenso 637 Insurance expense 640 Ront expense 650: Otfice supplies expense 684 Repairs expense 688 Telephone expense Total $ 05 0