On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month.

April		1		Nozomi invested $44,000 cash and computer equipment worth $25,000 in the company.
		2		The company rented furnished office space by paying $2,400 cash for the first months (April) rent.
		3		The company purchased $1,300 of office supplies for cash.
		10		The company paid $2,300 cash for the premium on a 12-month insurance policy. Coverage begins on April 11.
		14		The company paid $1,000 cash for two weeks' salaries earned by employees.
		24		The company collected $8,500 cash for commissions earned.
		28		The company paid $1,000 cash for two weeks' salaries earned by employees.
		29		The company paid $500 cash for minor repairs to the company's computer.
		30		The company paid $1,250 cash for this month's telephone bill.
		30		Nozomi withdrew $1,500 cash from the company for personal use.

The company's chart of accounts follows:

101	Cash	405	Commissions Earned
106	Accounts Receivable	612	Depreciation ExpenseComputer Equip.
124	Office Supplies	622	Salaries Expense
128	Prepaid Insurance	637	Insurance Expense
167	Computer Equipment	640	Rent Expense
168	Accumulated DepreciationComputer Equip.	650	Office Supplies Expense
209	Salaries Payable	684	Repairs Expense
301	J. Nozomi, Capital	688	Telephone Expense
302	J. Nozomi, Withdrawals	901	Income Summary

Use the following information:

1. Prepaid insurance of $128 has expired this month.
2. At the end of the month, $600 of office supplies are still available.
3. This months depreciation on the computer equipment is $500.
4. Employees earned $360 of unpaid and unrecorded salaries as of month-end.
5. The company earned $1,900 of commissions that are not yet billed at month-end.

ADVENTURE TRAVEL Balance Sheet April 30 Assets Cash Accounts receivable Office supplies Prepaid insurance Computer equipment Accumulated depreciationComputer equip. Total assets Liabilities $ Salaries payable Equity J. Nozomi, Capital Total liabilities and equity $ 0 Debit Credit ADVENTURE TRAVEL Adjusted Trial Balance April 30 Account Title 101: Cash 106: Accounts receivable 124: Office supplies 128: Prepaid insurance 167: Computer equipment 168: Accumulated depreciationComputer equipment 209: Salaries payable 301: J. Nozomi, Capital 302: J. Nozomi, Withdrawals 405: Commissions earned 612: Depreciation expense-Computer equipment 622: Salaries expense 637: Insurance expense 640: Rent expense 650: Office supplies expense 684: Repairs expense 688: Telephone expense Total $ 0 $ 0 ADVENTURE TRAVEL Balance Sheet April 30 Assets Cash Accounts receivable Office supplies Prepaid insurance Computer equipment Accumulated depreciationComputer equip. Total assets Liabilities $ Salaries payable Equity J. Nozomi, Capital Total liabilities and equity $ 0 Debit Credit ADVENTURE TRAVEL Adjusted Trial Balance April 30 Account Title 101: Cash 106: Accounts receivable 124: Office supplies 128: Prepaid insurance 167: Computer equipment 168: Accumulated depreciationComputer equipment 209: Salaries payable 301: J. Nozomi, Capital 302: J. Nozomi, Withdrawals 405: Commissions earned 612: Depreciation expense-Computer equipment 622: Salaries expense 637: Insurance expense 640: Rent expense 650: Office supplies expense 684: Repairs expense 688: Telephone expense Total $ 0 $ 0 General Ledger accounts Cash Accounts Receivable Debit Credit Debit Credit Balance Balance Date April 30 Adj. Date April 1 April 2 April 3 April 10 April 14 April 24 April 28 April 29 April 30 Tel. April 30 WD Office Supplies Debit Credit Prepaid Insurance Debit Credit Balance Balance Date April 3 April 30 Date April 10 April 30 Adj. Computer Equipment Debit Credit Balance Date April 1 Accumulated Depreciation-Computer equipment Date Debit Credit Balance April 30 Adj. Salaries Payable Debit Credit J. Nozomi, Capital Debit Credit Balance Balance Date April 30 Adj. Date April 1 April 30 Rev. April 30 Close J. Nozomi, Withdrawals Debit Credit Commissions earned Debit Credit Balance Balance Date April 30 WD April 30 Close Date April 24 April 30 Adj. April 30 Close Salaries Expense Debit Credit Balance Depreciation Expense-Computer Equipment Date Debit Credit Balance April 30 Adj. April 30 Close Date April 14 April 28 April 30 Adj. April 30 Close Insurance Expense Debit Credit Rent Expense Debit Credit Balance Balance Date April 30 Adj. April 30 Close Date April 2 April 30 Close Office Supplies Expense Debit Credit Repairs Expense Debit Credit Balance Balance Date April 30 Adj. April 30 Close Date April 29 April 30 Close Telephone Expense Debit Credit Income Summary Debit Credit Balance Balance Date April 30 April 30 Close Date April 30 Rev. April 30 Exp. April 30 Close Debit Credit ADVENTURE TRAVEL Post-Closing Trial Balance April 30 Account Title Cash Accounts receivable Office supplies Prepaid insurance Computer equipment Accumulated depreciation - Computer equip. Salaries payable J. Nozomi, Capital Totals $ 0 $