On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred Artsonia Teachers :: QR Code Access artsonia.com/teachers/../classmode.qr.asp ter equipment worth $25,000 in the company in 2 The company rented furnished office space by paying $1,600 cash for the first month's (April) rent. 3 The company purchased $1,200 of office supplies for cash. 10 The company paid $2,700 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,100 cash for two weeks' salaries earned by employees. 24 The company collected $17,000 cash for commissions earned. 28 The company paid $1,100 cash for two weeks' salaries earned by employees. 29 The company paid $300 cash for minor repairs to the company's computer. 30 The company paid $1,350 cash for this month's telephone bill. 30 The company paid $2,400 cash in dividends. The company's chart of accounts follows: Use the following information: a. Prepaid insurance of $150 has expired this month. o. At the end of the month, $700 of office supplies are still available. c. This month's depreciation on the computer equipment is $500. d. Employees earned $340 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,600 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 unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting 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. 6a. 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. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. Complete this question by entering your answers in the tabs below. Journalize the adjusting entries for the month, and then post to the ledger on Req 6B tab, using April 30 Adj. as the date. (Do not round intermediate calculations and round the final answers to nearest whole number.) Journal entry worksheet 5 Prepaid insurance of $150 has expired this month. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare the income statement for the month of April 30. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings for the month of April 30. (Amounts to be deducted should be entered with a minus sign.) Complete this question by entering your answers in the tabs below. Prepare the balance sheet at April 30 . Complete this question by entering your answers in the tabs below. Prepare journal entries to close the temporary accounts and then post to Req 6B General Ledger, using April 30 Close as the date. Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. repare a post-closing trial balance. On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred Artsonia Teachers :: QR Code Access artsonia.com/teachers/../classmode.qr.asp ter equipment worth $25,000 in the company in 2 The company rented furnished office space by paying $1,600 cash for the first month's (April) rent. 3 The company purchased $1,200 of office supplies for cash. 10 The company paid $2,700 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,100 cash for two weeks' salaries earned by employees. 24 The company collected $17,000 cash for commissions earned. 28 The company paid $1,100 cash for two weeks' salaries earned by employees. 29 The company paid $300 cash for minor repairs to the company's computer. 30 The company paid $1,350 cash for this month's telephone bill. 30 The company paid $2,400 cash in dividends. The company's chart of accounts follows: Use the following information: a. Prepaid insurance of $150 has expired this month. o. At the end of the month, $700 of office supplies are still available. c. This month's depreciation on the computer equipment is $500. d. Employees earned $340 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,600 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 unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting 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. 6a. 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. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. Complete this question by entering your answers in the tabs below. Journalize the adjusting entries for the month, and then post to the ledger on Req 6B tab, using April 30 Adj. as the date. (Do not round intermediate calculations and round the final answers to nearest whole number.) Journal entry worksheet 5 Prepaid insurance of $150 has expired this month. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare the income statement for the month of April 30. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings for the month of April 30. (Amounts to be deducted should be entered with a minus sign.) Complete this question by entering your answers in the tabs below. Prepare the balance sheet at April 30 . Complete this question by entering your answers in the tabs below. Prepare journal entries to close the temporary accounts and then post to Req 6B General Ledger, using April 30 Close as the date. Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. repare a post-closing trial balance