On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Ape Nozomi invested $30.000 cash and computer equipment worth $00.000 is the company a The company rented furnished office space by paying $1.500 cash for the first month's (April) 3 The company purchased $1,000 of office supplies for cash 10 The company paid $2.400 cash for the premium on a 12-month insurance policy. Coverage begin on Apr 14 The company paid $1000 cash for two weeks salaries earned to employees 24 The company collected $8.000 cals for coins 28 The company paid $1.600 cash for neo weeks salaries eared in employees 29 The company paid $350 rash for minor repairs to the company's empt 30 The company paid $750 cash for this month's p 10 Nozomi withdrew $1,500 cash from the company for pers The company's chart of accounts follows. 101 Cass 405 Commissions Earned 106 Accounts Receivable 612 Depreciation Expense-Computer Epip Salaries Expense Lance Expense Rent Expe Office Supplies Expense Repair Expe Telephone Expense Income Summary 124 Office Supplies 022 128 Prepaid Insurance 637 107 Computer Equipment 640 168 Accumulated Depreciation-Computer Equip 650 200 Salaries Payable 684 301 J. Nozomi, Capital 688 302 J. Nozomi. Withdrawals 901 110 Prepare December 31 year-end adjusting journal entries, as needed, for the following items. a The Supplies account shows a balance of $1,000, but a count of supplies reveals only $600 on hand at year-end b. Cash of $10,000 was collected on October 1 of the cument year for five months of services yet to be performed Unearned Service Revenue was credited when the cash was received c. Employees work Monday through Friday, and salaries of $8,000 per week are paid each Friday. The company's year-end falls on Thursday d. At year end, the company received a utility bill for December's electricity usage of 5900 that will be paid in early January The company mitially reconds payments of all insurance premiums as Prepaid Insurance The unadjusted trial balance at year-end shows a balance of $4,000 in Prepaid unce As of insurance policies reveals that $1,000 of insurance is Deprecation on office equipment for the unent year$6.000 A-BI- 1305 6 6 7 50 3 = 9 O L 9 r t Y U O P 3 d g h k ' 410 4 x C v b > ? n m 7 cbi