On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company. Complete this question by entering your answers in the tabs below. April 3 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. April 4 The company purchased $1,000 of office supplies for cash. Req 1 and 2 Reg 3 Req 4 Req 5A Req 5B Req 50 Req 5D Req 6A Req 6B GL Req 7 April 10 The company paid $2,400 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,600 cash for two weeks' salaries earned by employees. April 24 The company collected $8,000 cash for commissions revenue. April 28 The company paid $1,600 cash for two weeks' salaries earned by employees. April The company paid $750 cash for this month's telephone bill. 29 The company paid $350 cash for minor repairs to computer equipment. April April 30 Nozomi withdrew $1,500 cash from the company for personal use.. The company's chart of accounts follows. 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equipment 209 Salaries Payable 301 J. Nozomi, Capital 302 J. Nozomi, Withdrawals Use the following information to prepare adjusting entries: a. Prepaid insurance of $133 expired this month. 403 Commissions Revenue 622 Salaries Expense 612 Depreciation Expense-Computer Equipment 637 Insurance Expense 650 Office Supplies Expense 640 Rent Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary 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: Prepare journal entries to close the temporary accounts and then post to Req 6B GL tab, using April 30 Close as the date. View transaction list View journal entry worksheet General Journal 1 April 30 No Transaction Recorded Complete this question by entering your answers in the tabs below. Debit Credit Reg 1 and 2 Req 3 Reg 4 Req 5A Req 58 Req SC Req 5D Req 6A Req 68 GL Req 7 Prepare the statement of owner's equity for the month of April 30. ADVENTURE TRAVEL Statement of Owner's Equity For Month Ended April 30 J. Nozomi, Capital, April 1 $ 0 J. Nozomi, Capital, April 30 1. & 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Req 6B GL tab. 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 then post to the ledger on Req 6B tab, using April 30 Adjusted as the date. 5a. Using adjusted account balances from Req 6B GL 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 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 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. Req 6B GL tab, using April 30 Close as the date. 0 Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. SC RSD GL Prepare journal entries to record the transactions for April and post them to ledger accounts in Req 68 GL tab. The company records prepaid and untamed items in balance sheet accounts Req 1 and 2 Req 3 Req 4 Req SA Req 58 Req SC Req GA View journal entry worksheet Using account balances from Requirement prepare an unadjusted trial balance as of April 30. Computer men J. Norom, Capital Apr 1.800 Cash 1.800 101: Cash 106: Accounts receivable Ap Office supplies 1000 1,000 124: Ofice supplies 128: Prepaid insurance ADVENTURE TRAVEL Unadjusted Trial Balance 20.000 50000 April 30 Account Title 2.400 2.400 Apr 14 1.800 Cash Apr 24 Apr28 30 167: Computer equipment 168: Accumulated depreciation-Computer equipment 209: Salaries payable 301: J. Nozomi, Capital 8.000 302: J. Nozomi, Withdrawals 1,000 403: Commissions revenue 612: Depreciation expense-Computer equipment 1800 1,400 622: Salaries expense 637: Insurance expense 350 640: Rent expense 650: Ofice supplies expense 250 250 684: Repairs expense 1.500 688: Telephone expense Total Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Reg SA Req 58 Complete this question by entering your answers in the tabs below. Reg 4 Req SA Req 58 Req SC Reg 5D Req 6A Req 68 GL Reg 1 and 2 Req 3 Using adjusted account balances from Req 6B GL tab, prepare an adjusted trial balance as of April 30. ADVENTURE TRAVEL Adjusted Trial Balance April 30 Debit Credit Account Title Debit Credit 101: Cash 27,000 106: Accounts receivable 1.750 124: Office supplies 600 128: Prepaid insurance 2267 167: Computer equipment 20,000 168: Accumulated depreciation-Computer equipment 209: Salaries payable 500 420 301: J. Nozomi, Capital 50,000 302: J. Nozomi, Withdrawals 1,500 403: Commissions revenue 9.750 612: Depreciation expense-Computer equipment 500 622: Salaries expense 3.620 637: Insurance expense 133 640: Rent expense 1.800 650: Office supplies expense 684: Repairs expense 688: Telephone expense Total 400 350 60,670 S 60,670 Complete this question by entering your answers in the tabs below. Req 5D Reg 6A Req 6B GL Req 7 Req 1 and 2 Req 5A Req 58 Journalize the adjusting entries for the month, and then post to the ledger on Req 68 tab, using April 30 Adjusted as the date. Prepare the income statement for the month of April 30. Note: Do not round intermediate calculations and round the final answers to nearest whole number. View transaction list View journal entry worksheet No Transaction General Journal 1 a. Insurance expense Prepaid insurance 2 Office supplies expense Office supplies Debit Credit ADVENTURE TRAVEL Income Statement For Month Ended April 30 Revenues: Commissions revenue 133 Expenses 400 Depreciation expense-Computer equipment Salaries expense 500 3,620 400 Insurance expense 3 Depreciation expense-Computer equip. 500 Accumulated depreciation-Computer equip 500 4 Salaries expense 420 Salaries payable 5 Accounts receivable Commissions revenue 1,750 1.750 Rent expense Office supplies expense Repairs expense Telephone expense Total expenses Net income Complete this question entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Req 1 and 21 Req 3 Reg 4 Req 5A Req 58 Req 5C Reg 5D Prepare the balance sheet at April 30. Total assets Total liabilities and equity ADVENTURE TRAVEL Balance Sheet April 30 RSD Nabe: For April 30, shease the dropdown that most accurately describes the entry. Oste 10:Cas General Ledger acco 16: Accounts Receivable 1,800 350 750 Req 5D Req 6A Req 6B GL Reg 7 9,750 $ 7.553 2,197 Date 302: J. Nozomi Withdrawals Debit Credit Balance Debit $12: Depreciation Expense Computer Equipment 622: Salaries Expense Balance Date Debit 637: Insurance Expense 640: Rent Expense Data Balance Credit 124: Office Supp 12: Preside Ot Debit Credit Balance Dute Debit C Dalance 0 0 Data C 650: Office Supplies Expense Date Credit Balance Date 684: Repairs Expense Debit Credit Balance 209: Sores Pays 201: A New Cap O Debit Cre Balance Delance 638: Telephone Expense Date Credit Balance Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Req 5A Req 5B Req 5C Req 5D Req 6A Req 6B GL Reg 7 Prepare a post-closing trial balance. ADVENTURE TRAVEL Post-Closing Trial Balance Account Title April 30 Debit Credit Totals 0 $ 0