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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 Nozoni 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 Nozoni invested $38,680 cash and coeputer equipent worth $20,890 in the conpany in exchange for its cancon stock. Apri1 3 . The company rented furnished office space by paying $1,300 cash for the first month's (Apri1) rent. Apri1 4. The company purchased $1,009 of office supplies for cash. Apri1 10. The company paid $2,460 cash for a 12-month insurance policy. Coverage begins on Apri1 11. Apri1 14 The company paid $1,600 cash for two weeks' salaries earned by eeployees. Apri1 24 . The company collected $8,600 cash for connissions revenue, April 28 . The conpany paid $1,600 cash for two weeks' salaries earned by enployees. April 29 The conpany paid $358 cash for ainor repairs to computer equipment. Apri1 30 The company paid $750 cash for this month's telephone bil1. Apri1 30 The company paid 51,50e cash in dividends. The company's chart of accounts follows. Use the following information to prepare adjusting entries: a. Prepaid insurance of $133 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 earned $420 of unpaid and unrecorded salaries as of month-end e. The company eamed $1.750 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare journal entries to record the transactions for Apnl and post them to ledger accounts in Requirement 6BGL tab. The compary records prepaid and unearned items in balance sheet accounts 3. Using account balances from Requirement 6B GL. tab. prepare an unadjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month, and then post to the ledger on Requirement 6BGL tab, using Aprit30 Adjusted as: the date 50. Using adjusted account balances from Requirement 6B GL tab, prepare an adjusted tral balance as of April 30 . 5b. Prepare the income statement for the month of Apail 30. 5c. Prepare the statement of retained eatnings for the month of Aprit 30 . 5d. Prepare the balance sheet at Apris 30 . 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 68GL 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. Prepare the statement of retained eamings for the month of April 30

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