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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 April 1 Nozond 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 April 1 Nozond invested $32,eee cash and computer equipment worth $25,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. 3 The company purchased $2,000 of office supplies for cash. 10 The company paid $2,500 cash for the premium on 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,000 cash for two weeks salaries earned by employees. 24 The company collected $17,000 cash for comissions earned. 28 The company paid $1,ve 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 $1,5ee cash for this month's telephone bill. 30 The company paid $1,700 cash in dividends. The company's chart of accounts follows: 201 Cash 105 Accounts Receivable 124 Office Supplies 126 Prepaid Insurance 167 Computer Equipent 16 Accumulated Depreciation-Computer tqvip. 200 salaries Payable sez Con Stock 318 ietained Earnings 119 Dividends 405 Commissions Larned 612 Depreciation Expense-Computer Equip. 622 salaries Expense 637 Insurance Expense 600 Rent par 650 orfice Supplies Expense 66 Repairs Expense 688 Telephone Expense 901 Incone Semary Use the following Information: 6. Prepaid Insurance of $139 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 $570 of unpaid and unrecorded solares as of month-end e. The company earned $2.200 of commissions that are not yet bed at month-end. Required: 1.4 2. Prepare journal envies to record the transactions for Apni and post them to the ledger accounts in Requirement & The 191 H . Prepaid Insurance of $139 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 $570 of unpald and unrecorded salaries as of month-end e. The company earned $2,200 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 uneamed items in balance sheet accounts 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30 4. Journalize the adjusung 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. 60. 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 Complete this question by entering your answers in the tabs below. Reg Land 2 Reqa Reg 4 Adi Entries Reg 4 Ad) Trial Bal Reg SA Reg 50 Reg SC Reg 6 Req 68 GL Reg 2 Prepare Journal entries to record the transactions for April and post them to the ledger accountain Requirement 6b. The company records prepaid and wneurned items in balance sheet accounts. View transaction lit Journal entry worksheet 2 3 4 5 6 7 8 9 10 > Nozomi invested $2,000 cash and comautar squamant worth $25.000 in the company in exchange for common stock

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