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On April 1 , Sharon Lewis created a new travel agency, Lewis Travel. The following transactions occurred during the company's first month. April 2 Lewis
On April Sharon Lewis created a new travel agency, Lewis Travel. The following transactions occurred during the company's first month.
April Lewis invested $ cash and computer equipment worth $ in the company.
April The company rented furnished office space by paying $ cash for the first month's April rent.
April The company purchased $ of office supplies for cash.
April The company paid $ cash for a month insurance policy. Coverage begins on April
April The company paid $ cash for two weeks' salaries earned by employees.
April The company collected $ cash for commissions revenue.
April The company paid $ cash for two weeks' salaries earned by employees.
April The company paid $ cash for minor repairs to computer equipment.
April The company paid $ cash for this month's telephone bill.
April Lewis withdrew $ cash from the company for personal use.
Information for monthend adjustments follows:
a Prepaid insurance of $ expired this month.
b At the end of the month, $ of office supplies are still available.
c This month's depreciation on computer equipment is $
d Employees earned $ of unpaid and unrecorded salaries as of monthend.
e The company earned $ of commissions revenue that is not yet recorded at monthend.
Requirement
General
Journal
General
Ledger
Trial Balance
Income
St Owners
Statement
Equity
Balance Sheet
Post Closing
Prepare the required journal entries, adjusting entries, and closing entries for Lewis Travel.
Journal entry worksheet
Lewis invested $ cash and computer equipment worth $ in the company.
Note: Enter debits before credits.
tableDateAccount Title,Debit,CreditApril
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