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On April 1. Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the compary's first month. Apri1 2 Nozomi invested

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On April 1. Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the compary's first month. Apri1 2 Nozomi invested $35,000 cash and computer equipment worth $35,000 in the company. 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 coepany collected $10,000 cash for commissions revenue. April 28 The conpany paid $1,700 cash for two weeks' salaries earned by employees. April 20 The company paid $350 cash for minor repairs to conputer equipnent. April 30 The company paid 5950 cash for this nonth's telephone bill. April 30 Nozomi withdrew $2,300 cash from the company for personal use. The company's chart of accounts follows: Use the followina information to orebate adiustina ertnes: 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 journal entries to record the transactions for April and post them to ledger accounts in Req 68GL tab. The company records prepaid and unearned items in balance sheet accounts 3. Using account balances from Requirement 6 b, prepare an unadjusted trial balance as of Apri 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 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 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 6BGL tab. using April 30 Close as the date. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial bolance. Complete this question by entering your answers In the tabs below. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30 . Dournalize the adjusting entries for the month, and then post to the ledger on Req 6B tab, using April 30 Adjusted os the date. Note: Do not round intermediate calculations and round the final answers to nearest whole number. Journal entry worksheet Record the required adjusting entry, If any. Prepaid insurance of $156 expired this month. Note: Enter debits before credts Journal entry worksheet Record the required adjusting entry, if any. At the end of the month, $600 of office supplies are still available. Note: Enter debits before credits Journal entry worksheet 1 Record the required adjusting entry, if any. This month's depreciation on computer equipment is $500. Note: Enter debits before credits. Journal entry worksheet 12 Record the required adjusting entry, if any. Employees earned $310 of unpaid and unrecorded salaries as of month-end. Note: Enter debits before credits. Journal entry worksheet Record the required adjusting entry, if any. The company earned $2,050 of commissions revenue that is not yet recorded at month-end. Note: Enter debits before credits. Complete this question by entering your answers In the tabs below. Using adjusted account balances from Req 6B GL tab, prepare an adjusted trial balance as of April 30 . Prev 1 or 1 m Next Prepare the income statement for the month of April 30 . Prepare the statement of owner's equity for the month of April 30. Prepare the balance sheet at April 30 . Prepare journal entries to close the temporary accounts and then post to Req 68GL tab, using April 30 Close as the date. Journal entry worksheet Record the entry to close revenue account(s). Note: Enter debits before credits Journal entry worksheet Record the entry to close expense account(s). Note: Enter debits before credits. Journal entry worksheet Record the entry to close income summary. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the withdrawals account. Note: Enter debits before credits. Post the journal entries to the ledger. Note: For April 30, choose the dropdown that most occurately describes the entry Complete this question by entering your answers in the tabs below. Prepare a post-closing trial balance

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