On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Apri1 1 Nozoni invested $32,690cash and conputer equipnent worth $25, eee in the conpany in exchange for common stock. 2 The corpany rented furnished office space by paying $2,100 cash for the first month's (April) rent. 3 The company purchased $1,4e0 of office supplies for cash. 10 The company paid $2,160 cash for the preniun on a 12-month insurance policy. Coverage begins on Apri1 11. 14 The company paid $1,700 cash for two weeks' salaries earned by enployees. 24 The company collected $15, eee cash for commissions earned. 28 The company paid $1,760 cash for two weeks' salaries earned by enployees. 29 The company paid $4ee cash for minor repairs to the company's computer. 30 The conpany paid $750 cash for this month's telephone bill. 3e. The conpany paid 52 , eee cash in dividends. The company's chart of accounts follows: Use the following information: a. Prepaid insurance of $117 has expired this month. b. At the end of the month, $700 of office supplies are still avallable. c. This month's depreciation on the computer equipment is $600. d. Employees earned $500 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,450 of commissions that are not yet billed at month-end. Required: 1. \& 2. Prepare joumal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requlrement 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 6b. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. ADVENTURE TRAVEL Unadjusted Trial Balance April 30 Account Title 106: Accounts receivable 124: Office supplies 128: Prepaid insurance 167: Computer equipment 168: Accumulated depreciation - Computer equipment 209: Salaries payable 307: Common stock 318: Retained earnings 319: Dividends 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 \begin{tabular}{l|l|c|c|c|} iq 1 and 2 & Req 3 & Req 4 Adj Entries & Req 4 Adj Trial Bal & Req 5A \end{tabular} Req 5B sing adjusted account balances from Requirement 6b, prepare an adjusted t ADVENTURE TRAVEL Adjusted Trial Balance April 30 Prepare the income statement for the month of April 30. ADVENTURE TRAVEL Income Statement For Month Ended April 30 Expenses: Total expenses Req 4 Adj Trial Bal Complete this question by entering your answers in the tabs beli Prepare the statement of retained earnings for the month of April 30. (A) minus sign.) Prepare the balance sheet at April 30. ADVENTURE TRAVEL Balance Sheet April 30 Total assets $ Total equity Total liabilities and equity Prepare journal entries to close the temporary accounts and then post to Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Post the joumal entries to the ledger. General Ledger ace