On April 1,2018, Jiro Nozomi tollo transactions occurred during the company's first n created a new travel agency, Adventure Travel. The onth. April 1 Nozomi invested $34,000 cash and computer equipment worth $40,000 in the company in exchange for common stock 2 The company rented furnished office space by paying $1,700 cash for the first month's (April) 3 The 10 The company purchased $1,900 of office supplies for cash. company paid $2,000 cash for the premium on a 12-month insurance policy. Coverage begins on April 11 14 The company paid $900 cash for two weeks' salaries earned by employees. 24 The company collected $14,500 y cash on commissions from airines on tickets obtained for customers 28 The company paid $900 cash for two weeks' salaries earned by employees 30 The company paid $900 cash for this month's telephone bil. 30 The company paid $2,100 cash in dividends. The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip. 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 405 Commissions Earned 612 Depreciation Expense-Computer Equi 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following information: a. b. c. d. e. Two-thirds (or $111) of one month's insurance coverage has expired. At the end of the month, $400 of office supplies are still available. This month's depreciation on the computer equipment is $400. Employees earned $510 of unpaid and unrecorded salaries as of month-end. The company earned $2,050 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.. The company records prepaid and uneaned items in balance sheet accounts. 3. Using account balances before adjustments, prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30, 2018. 5b. Prepare the statement of retained eamings for the month of April 30, 2018. 5c. Prepare the balance sheet at April 30, 2018. 6. Prepare journal entries to close the temporary accounts and then post to the ledger.. 7. Prepare a post-closing trial balance