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On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's month. April 2 Nozomi invested $35,000

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On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's month. April 2 Nozomi invested $35,000 cash and computer equipment worth $35,000 in the corpany. 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 $2,800 cash for a 12 -month insurance policy. Coverage begins on April 11. April 14 The company paid $1,700 cash for two weeks' salaries earned by employees. April 24 The company collected $10,000 cash for commissions revenue. April 28 The company paid $1,700 cash for two weeks' salaries earned by exployees. April 29 The company paid $350 cash for minor repairs to computer equipment. April 30 The company paid $950 cash for this month's telephone bill. April 30 Nozomi withdrew $2,300 cash from the company for personal use. 688 Tolephone Expense 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 earned $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. \& 2. Prepare joumal entries to record the transactions for April and post them to ledger accounts in Req 6BGL tab. The compa records prepaid and unearned items in balance sheet accounts. 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 68GL tab, prepare an adjusted trial balance as of Aprit 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 68GL tab, using April 30 Close as the date. 7. Prepare a post-closing trial balance. Prepare the income statement for the month of April 30

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