On April 1, Jiro Nozoml created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apr11.2 Noroet itvented $34,000 caob and coeputer equipeent worth 540,000 in the conpany in exchasge for ita coemen stock. April 3 The company rented furniabed office space by paying $2,300 cash for the firat month' a (apri1) rent. April 4 the coepany purehased $1,800 of office supplien for caoh. Apr11 10 the company paid $2,160 caab for a 12 -nonth inaurance polioy. coverage begina on Aprid 11. Apri1 14 The company paid $1,000 cash for two weeka salariea esrned by employees. April 24 The company collected $11,000 cash for comisalons reveave. April 28 The coepany pald $1,000 eash for two weekn' salaries earned by enployeea. April 29 The eoepany pald $400 canh for nlnor repaire to coeputor equilpeent. April 30 The company paid 51,300caah for this nonth s telephooe bill. Apri1 30 The conpany paid 51,510 cash in dividesda. The compamy's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepaid insurance of $120 expired this month. b. At the end of the month, $500 of office supplies are still available. c. This month's depreciation on computer equipment is $400. d. Employees earned $440 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,200 of commissions revenue that is not yet recorded at month-end. 1. \& 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 6BGL tab. The Requlred: company records prepaid and unearned ltems in balance sheet accounts. 3. Using account balances from Requirement 68GL tab. prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting entries for the month, and then post to the ledger on Requirement 68GL tab, using April 30 Adjusted as the 5a. Using adjusted account balances from Requirement 6BGL tab, prepare an adjusted trial balance as of April 30. date. 5b. Prepare the income statement for the month of April 30. 5c. Prepare the statement of retained earnings for the month of April 30. 6a. Prepare journal entrles to close the temporary accounts and then post to Requirement 68GL tab, using April 30 Close as the date 5d. Prepare the balance sheet at April 30. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. 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 . Complete this question by entering your answers in the tabs below. Using adjusted account balances from Requirement 6BGL tab, prepare an adjusted trial balance as of April 30. Complete this question by entering your answers in the tabs below. Prepare the statement of retained earnings for the month of April 30. Complete this question by entering your answers in the tabs below. Prepare the balance sheet at April 30 . Complete this question by entering your answers in the tabs below. Prepare journal entries to close the temporary accounts and then post to Requirement 6B GL tab, using April 30 Cose as Late for all adjusting enbiles, and x ors 30 Conse or dare for al dodint Complete this question by entering your answers in the tabs below. Prepare a post-closing trial balance
