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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. Apri1 2 Nozonl 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. Apri1 2 Nozonl invested $30,000 cash and coeputen equipaent worth $20,000 in the coepany in exchange for its comon stock. Apri1 3 The company rented furnished office space by paying $1,880 cash for the first month's (Apri1) rent. Apri1 4 The cospany purchased $1,000 of office supplies for cash. April 10 The company paid $2,480 cash for a 12-month insurance pollcy. Coverage begins on Apri1 11. April 14 the company paid $1,660 cash for two weeks' salarles earned by eeployees. Apell 24 The coepany collected $8,060 cash for coenissions revenue. April 28 . The company pald 51,660 cash fon two veeks' salaries earned by eeployees. April 29 The coepany paid $350 cash for einor repairs to coeputer equipent. April 30 The conpany paid $750 cash foe this nonth's telephone bi11. Apeil 30 The conpany paid 51,500 cash in dividends. 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 earned $1,750 of commissions revenue that is not yet recorded at month-end. Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 6BGL tab. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6BGL 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 Aprit 30 Adjusted as the date. 5a. Using adjusted account balances from Requirement 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 retained eamings for the month of Aptir 30 . 5d. Prepare the balance sheet ot April 30 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6BGL tob. using April 30 Close as the date. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. Prepare journal entries to close the temporary accounts and then post to Requirement 6B GL tab, using April 30 Close as the date. Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credith. 4 Record the entry to close the expense account(s). Note: Enter debits before credits. Journal entry worksheet Record the entry to close the income summary. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits belore credits

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