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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 month 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 month April 2 Nozomi invested $35,000 cash and computer equipment worth $35,000 in the company. April 3 The company rented furnished office space by paying $1,700 cash for the first month's (April) rent. April 4 the company purchased $1,500 of office supplies for cash. April 10 The company paid $2, B00 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid \$1,700 cash for two weeks' salaries oarned by employees. April 24 the company collected $10,000 cash for comeissions revenue: April 28 The company paid \$1,700 cash for two woeks' salaries earned by employeos. April 29 The conpany paid $350 cash for minar repairs to computer equipment. April 30 the conpany paid $950 cash for this month's telephone bill. April 30 Nozami withdrew $2,300 cash from the company for personal use. The company's chart of accounts follows: Use the following information to prepare adjusting entries: Use the following information to prepare adjusting entries: a. Prepaid insurance of $156 expired this month. 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 eamed $310 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,050 of commissions revenue that is not yet recorded at month-end. Required: 1. 8 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Req 6BGL tab. 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. Joumalize the adjusting entries for the month, and then post to the ledger on Req 68 tab, using Aprii 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6BGL 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 owner's equity for the month of April 30. 5d. Prepare the balance sheet at April 30 . Ga. Prepare journal entries to close the temporary accounts and then post to Req 6BGLtab, using April 30 Close as the date. 6b. Post the journal entries to the ledget. 7. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. 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 $35,000 cash and conputer equipoent warth 535,000 in the company Apri1 3 The company rented furnished office space by paying $1,700 cash for the first month's (Apri1) rent. April 4 The company purchased 51,500 of office supplies for cash. April 10 The coepany paid 52, go0 eash for a 12-month insurance policy. coverage begins an April 11. April 14 The company paid $1,700 cash for two weeks" salaries earned by enployees. Apri1 24 . The cotpany collected $10,000 cash for conmissions revenue. April 28 The company paid 51,700 cash for two weeks' salaries earned by employeesi. April 29 The company paid 3350 cash for minor repairs to conputer equipment. Apri1 30 The company paid 5950 cash for this month 5 teleghone bill. April 30 Nozomi withdran 52,300 cash froe the eompany for personal use. Use the following information to prepare adjusting entries: a. Prepaid insurance of $156 expired this month. b. At the end of the month, $600 of office supplies are still availoble. c. This month's depreciation on computer equipment is $500 d. Employees earned $310 of unpaid and untecorded salaries as of month-end. e. The company earned $2.050 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare joumal entries to record the transactions for April and post them to ledger accounts in Req 68GL tab. 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 then post to the ledger on Req 6B tab, using April 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6BGL 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 owner's equity for the month of Aprit 30 5d, Prepare the balance sheet at April 30 . 3. Using account balances trom Kequirement 6D, prepare an unadjusted trial Dalance as or Apru su. 4. Joumalize the adjusting entries for the month, and then post to the ledger on Req 68 tab, using April 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6BGL 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 owner's equity for the month of April 30. 5d. Prepare the balance sheet at April 30 . 6a. Prepare journal entries to close the temporary accounts and then post to Req 6BGL tab, using April 30 Close 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. Post the journal entries to the ledger. Notes For April 30, choose the dropdown that most accurotely describes the entry. 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 $35,000 cash and computer equipment worth $35,000 in the company. April 3 The company rented furnished office space by paying $1,700 cash for the first month's (April) rent. April 4 the company purchased $1,500 of office supplies for cash. April 10 The company paid $2, B00 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid \$1,700 cash for two weeks' salaries oarned by employees. April 24 the company collected $10,000 cash for comeissions revenue: April 28 The company paid \$1,700 cash for two woeks' salaries earned by employeos. April 29 The conpany paid $350 cash for minar repairs to computer equipment. April 30 the conpany paid $950 cash for this month's telephone bill. April 30 Nozami withdrew $2,300 cash from the company for personal use. The company's chart of accounts follows: Use the following information to prepare adjusting entries: Use the following information to prepare adjusting entries: a. Prepaid insurance of $156 expired this month. 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 eamed $310 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,050 of commissions revenue that is not yet recorded at month-end. Required: 1. 8 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Req 6BGL tab. 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. Joumalize the adjusting entries for the month, and then post to the ledger on Req 68 tab, using Aprii 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6BGL 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 owner's equity for the month of April 30. 5d. Prepare the balance sheet at April 30 . Ga. Prepare journal entries to close the temporary accounts and then post to Req 6BGLtab, using April 30 Close as the date. 6b. Post the journal entries to the ledget. 7. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. 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 $35,000 cash and conputer equipoent warth 535,000 in the company Apri1 3 The company rented furnished office space by paying $1,700 cash for the first month's (Apri1) rent. April 4 The company purchased 51,500 of office supplies for cash. April 10 The coepany paid 52, go0 eash for a 12-month insurance policy. coverage begins an April 11. April 14 The company paid $1,700 cash for two weeks" salaries earned by enployees. Apri1 24 . The cotpany collected $10,000 cash for conmissions revenue. April 28 The company paid 51,700 cash for two weeks' salaries earned by employeesi. April 29 The company paid 3350 cash for minor repairs to conputer equipment. Apri1 30 The company paid 5950 cash for this month 5 teleghone bill. April 30 Nozomi withdran 52,300 cash froe the eompany for personal use. Use the following information to prepare adjusting entries: a. Prepaid insurance of $156 expired this month. b. At the end of the month, $600 of office supplies are still availoble. c. This month's depreciation on computer equipment is $500 d. Employees earned $310 of unpaid and untecorded salaries as of month-end. e. The company earned $2.050 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare joumal entries to record the transactions for April and post them to ledger accounts in Req 68GL tab. 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 then post to the ledger on Req 6B tab, using April 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6BGL 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 owner's equity for the month of Aprit 30 5d, Prepare the balance sheet at April 30 . 3. Using account balances trom Kequirement 6D, prepare an unadjusted trial Dalance as or Apru su. 4. Joumalize the adjusting entries for the month, and then post to the ledger on Req 68 tab, using April 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6BGL 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 owner's equity for the month of April 30. 5d. Prepare the balance sheet at April 30 . 6a. Prepare journal entries to close the temporary accounts and then post to Req 6BGL tab, using April 30 Close 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. Post the journal entries to the ledger. Notes For April 30, choose the dropdown that most accurotely describes the entry

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