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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 nonth. April 2 Nozomi 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 nonth. April 2 Nozomi invested $40,000 cash and conputer equiphent worth $25,000 in the conpany. April 3 The conpany rented furnished office space by paying $2,400 cash for the tirst nonth's (April) rent. April 4 The conpany purchased $1,800 of offlce supplies for cash. April 16 The company paid $2,868 cash for a 12 -month insurance policy. Coverage begins on April 11. April 14 The conpany paid $8Be cash for two weeks' sataries earned by coployees, April 24 The company collected $9,500 cash for comaissions revenue. April 28 The cospany paid s8ea cash for two weeks' salaries earned by enployees. April 29 The company paid $500 cash for ninor repairs to conputer equipnent. Aprit 30 The cospany pald $1,050 cash for this nonth's telephone bill. Aprit 38 Nozont withdred 51,780 cash tron the conpany for personal use. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepaid insurance of $156 expired this month. b. At the end of the month, $500 of office supplies are still wailable. c. This month's depreciation on computer equipment is $400. d. Employees earned $350 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,600 of commissions revenue that is not yet recorded at month-end. Journal entry worksheet Nozomi invested $40,000 cash and computer equipment worth $25,000 in the company. Note: Enter debits before credits. Journal entry worksheet 5678910 The company rented furnished office space by paying $2,400 cash for the first month's (April) rent. Note: Enter debits before credits

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