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 $30,000 cash and computer equipeent worth $20,000 in the company in exchange for its common stock. April 3 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. April 4 The company purchased $1,000 of office supplies for cash, April 10 The company paid $2,400 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,600 cash for two weeks' salaries earned by employees. April 24 The company collected $8,000 cash for commissions revenue. April 28 The company paid $1,600 cash for two weeks' salaries earned by employees. April 29 The company paid $350 cash for minor repairs to computer equipment. April 38 The company paid $750 cash for this month's telephone bill. April 30 The company paid $1,500 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 Use the following Information to prepare adjusting entries a. Prepaid Insurance of $133 expired this month. 403 Commissions Revenue 612 Depreciation Expense-Computer Equipment 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 6se Office Supplies Expense 684 Repairs Expense 688 Telephone Expense sel Income Summary b. At the end of the month, $600 of office supplies are still available. c. This month's depreciation on computer equipment is $500 d. Employees earned $420 of unpaid and unrecorded salaries as of month-end e. The company earned $1.750 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 6B GL tab. The company records prepaid and unearned items in balance sheet accounts 3. Using account balances from Requirement 65 GL 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 68 GL tab, using April 30 Adjusted as the Prepare the balance sheet at April 30. ADVENTURE TRAVEL Balance Sheet April 30 Assets Total assets Total equity Total liabilities and equity 2 $ 0 0