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On April 1, Juro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Se. Prepare the balance

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On April 1, Juro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Se. Prepare the balance sheet April ba. Propre journal entre todos temporary accounts and then post to Requiremento bb, Post the journal entries to the ledger 7. Prepare a post-closing trial balance April | Nacinvested 545.000 cash and computer quipment worth $20,000 in the company in exchange for common stock 2 The company rented furnished office space by paying $1.000 cash for the first month's (April) rent 3 The company purchased $1.200 of office supplies for cash. 10 The company 2.900 cash for the premium on a 12-month insurance policy, Coverage begins on April 11. 14 The company paid $1,200 cash for two weeks' salvies earned by employees 24 The company collected 517,000 cash for commissions comed. 28 The company paid $1.200 cash for two weeks'salaries camed by employees. 29 The company paid $450 cash for minor repairs to the company's computer 30 The company paid $1.000 cash for this month's telephone bill. 30 The company paid $2.300 cash in dividends. The company's chart of accounts follows: 101 Cash 106 A s Receivable 124 Office Supplies 128 Prepard Insurance 107 Computer Equipment 168 Accumulated Depreciation Computer Equip 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 405 Commissions Famed 612 Depreciation Expert Computer Equip 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expanse 688 Telephone Expense 901 Income Summary Use the following information: 2. Prepaid insurance of stol has expired this month b. At the end of the month, $700 of office supplies are still available c. This month's depreciation on the computer equipment is so d. Employees canned $410 of unpaid and recorded salaries as of month-end The company camed $2.500 of commissions that are not yet billed at month-end. Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement ob. The company records prepaid and uncamedlem in balance sheet accounts. 3. Using account balances from Requirement , prepare an unadjusted trial balance as of April 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance. Sa. Prepare the income statement for the month of Apnl 30. Sb. Prepare the statement of retained earnings for the month of April 30

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