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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 Apeil 2 Nozonl 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 Apeil 2 Nozonl invested $38,000 cash and computer equipent worth $25,000 in the company in exchange for its comeon stock. April 3 The company rented furnished office space by paying $2,800 cash for the first month's (Apri1) rent. April 4 The compony purchased $1,300 of office supplies for cash. Apri1 10 the company paid $1,960 cash for a 12-nonth insurance policy. Coverage begins on Apri1 11. Apri1 14 The company paid s900 cash for two weeks' salarles earned by employees. April 24 the comany collected $11,500 cash for coemilssions revenue. April 28 the company paid $900 cash for two weeks" salaries earned by employees. April 29 the company paid 5400 cash for ninor repairs to coopputer equipment. April 30 the company pald 8550 cash for this month": telephone bill. Apeil 30 the company paid $1,600 cash in dividends

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