On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozomi invested $45,000 cash and computer equipment worth $40,000 in the company in exchange for its common stock. April 3 The company rented furnished office space by paying $2,100 cash for the first month's (April) rent. April 4 The company purchased $1,400 of office supplies for cash. April 10 The company paid $2,340 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,200 cash for two weeks' salaries earned by employees. April 24 The company collected $10,500 cash for commissions revenue. April 28 The company paid $1,200 cash for two weeks' salaries earned by employees. April 29 The company paid $400 cash for minor repairs to computer equipment. April 30 The company paid $900 cash for this month's telephone bill. April 30 The company paid $1,550 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 Equipment 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 403 Commissions Revenue 612 Depreciation Expense-Computer Equipment 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 to prepare adjusting entries: a. Prepaid insurance of $130 expired this month. h At the end of the month $700 of office supplies are still available

On April 1, Jiro Nozomi created a new travel agency. Adventure. Travel. The foliowing transactions occurred during the company's first month. Apr11 2 Wotoni Invested $45,069 cash and conputer equlpent worth 546 , e00 in the company in evchange for its cormon stock. Apeil 3 The conpany rented furnished office space by paying 52,1e cash for the first nonth's (April) rent. Agril 4 the conpany purchased $1,400 of offlce supplies for cash. Apr11 10 The conpany pald 12,348 cash for a 12-month insurance policy, coverage begins on April 11. Apri1 14 The compary paid $1,200 cash for two weeks' salaries earned by peployees. April 24 The company collected $16,500 cash for connissions revenue. Agril 28 The company pald $1,200 cash for two weeks' salarles earned by enployees. April 29 The company paid 34e0 cash for alnar repalrs to conputer equipent. April 30 the conpany pald 1900 cash for thas month's telephone bd11. Apri1 30 The company pald $1,550 cash in dividends. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepoid insurance of $130 expired this month. Use the following information to prepare adjusting entries: 0. Prepaid insurance of $130 expired this month. b. At the end of the month, 5700 of office supplies are still available c. This month's depreciation on computer equipment is 5400 . d. Employees eamed $360 of unpoid and unrecorded salaries as of month-end. e. The company earned $2.350 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare joumal entries to record the transactions for Aprit and post them to ledger accounts in Requirement 6B GL thb. The company records prepaid and unearned items in balance sheet accounts. 3. Using account bolances from Requirement 6BGL tab, prepare an unadjusted triat balance as of April 30 4. Journalize the adjusting entries for the month, and then post to the ledger on Requitement 6BGL tab. using Apetl 30 Adjusted as the date, 5a. Using adjusted account balances from Regulrement 6GL 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 Apnil 30 5d. Prepare the bahance sheet at April 30 . 6a. Prepare joumal entries to close the femporary accounts and then post to Requirement 6BGL tab, using Apra 30Close as the date. 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. Using account balances from Requirement 6B, prepare an unadjusted trial bulance as of April 30 On April 1, Jiro Nozomi created a new travel agency. Adventure. Travel. The foliowing transactions occurred during the company's first month. Apr11 2 Wotoni Invested $45,069 cash and conputer equlpent worth 546 , e00 in the company in evchange for its cormon stock. Apeil 3 The conpany rented furnished office space by paying 52,1e cash for the first nonth's (April) rent. Agril 4 the conpany purchased $1,400 of offlce supplies for cash. Apr11 10 The conpany pald 12,348 cash for a 12-month insurance policy, coverage begins on April 11. Apri1 14 The compary paid $1,200 cash for two weeks' salaries earned by peployees. April 24 The company collected $16,500 cash for connissions revenue. Agril 28 The company pald $1,200 cash for two weeks' salarles earned by enployees. April 29 The company paid 34e0 cash for alnar repalrs to conputer equipent. April 30 the conpany pald 1900 cash for thas month's telephone bd11. Apri1 30 The company pald $1,550 cash in dividends. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepoid insurance of $130 expired this month. Use the following information to prepare adjusting entries: 0. Prepaid insurance of $130 expired this month. b. At the end of the month, 5700 of office supplies are still available c. This month's depreciation on computer equipment is 5400 . d. Employees eamed $360 of unpoid and unrecorded salaries as of month-end. e. The company earned $2.350 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare joumal entries to record the transactions for Aprit and post them to ledger accounts in Requirement 6B GL thb. The company records prepaid and unearned items in balance sheet accounts. 3. Using account bolances from Requirement 6BGL tab, prepare an unadjusted triat balance as of April 30 4. Journalize the adjusting entries for the month, and then post to the ledger on Requitement 6BGL tab. using Apetl 30 Adjusted as the date, 5a. Using adjusted account balances from Regulrement 6GL 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 Apnil 30 5d. Prepare the bahance sheet at April 30 . 6a. Prepare joumal entries to close the femporary accounts and then post to Requirement 6BGL tab, using Apra 30Close as the date. 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. Using account balances from Requirement 6B, prepare an unadjusted trial bulance as of April 30