On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $47,000 cash and computer equipment worth $35,000 in the company in exchange for common stock. Npril 2 The company rented furnished office space by paying $2,000 cash for the first month's (April) rent. April 3 The company purchased $1,500 of office supplies for cash. April 10 The company paid $2,100 cash for the premium on a 12 month insurance policy. Coverage begins on April 11. April 14 The company paid $1,400 cash for two weeks' alaries earned by employees. April 24 The company collected $14,000 cash for conmissions revenue. April 28 The company paid $1,400 cash for two weeks' salaries earned by employees. April 29 The company paid $350 cash for minor repaira to the company's computer. April 30 The company paid $1,400 cash for this month's telephone bill. April 30 The company paid $1,700 cash in dividends. a. Prepaid insurance of $117 has expired this month. b. At the end of the month, $800 of office supplies are still available. c. This month's depreciation on the computer equipment is $300. d. Employees earned $420 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,000 of commissions that are not yet billed at month-end. Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6 b. 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 prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30. 5b. Prepare the statement of retained earnings for the month of April 30 . 5c. Prepare the balance sheet at April 30 . 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6 . 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance