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

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On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Apr. 1 Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company. Apr. 2 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. Apr. 3 The company purchased $1,000 of office supplies for cash. Apr. 10 The company paid $2,400 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. Apr. 14 The company paid $1,600 cash for two weeks' salaries earned by employees. Apr. 24 The company collected $8,000 cash for commissions earned. Apr. 28 The company paid $1,600 cash for two weeks' salaries earned by employees. Apr. 29 The company paid $350 cash for minor repairs to the company's computer. Apr. 30 The company paid $750 cash for this month's telephone bill. Apr. 30 Nozomi withdrew $1,500 cash from the company for personal use. Information for month-end adjustments follows: a. Prepaid insurance of $133 has expired this month b. At the end of the month, $600 of office supplies are still available. c. This month's depreciation on the 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 that are not yet billed at month-end. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing General Journal tab - Prepare journal entries for Adventure Travel's first month of operations. Prepare any necessary adjusting and closing entries for the current month. General Ledger tab - Each journal entry is posted automatically to the general ledger. Use the drop-down button to view the unadjusted, adjusted, or post-closing balances. Trial Balance tab - You may view the unadjusted, adjusted, or post-closing trial balances by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs. Income Statement tab - Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Statement of Owner's Equity tab - The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Balance Sheet tab - Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Post-Closing tab - Use the drop-downs to indicate whether each account is included on the post-closing trial balance

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