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On Aprll 1 , Tony Turner created a new travel agency. Turner Travel. The following transactions occurred during the company's first month. April 2 Turner

On Aprll 1, Tony Turner created a new travel agency. Turner Travel. The following transactions occurred during the company's first
month.
April 2 Turner invested $40,600 cash and computer equipment worth $19,800 in the company in exchange for its comon stock.
April 3 The company rented furnished office space by paying $2,400 cash for the first month's (April) rent.
April 4 The company purchased $1,200 of office supplies for cash.
April 10 The company paid $2,520 cash for a 12-month insurance policy. Coverage begins on April 11.
April 14 The company paid $1,820 cash for two weeks' salaries earned by employees.
April 24 The company collected $29,000 cash for commissions revenue.
April 28 The company paid $1,820 cash for two weeks' salaries earned by employees.
April 29 The company paid $560 cash for minor repairs to computer equipment.
April 30 The company paid $460 cash for this nonth's telephone bill.
April 30 The company paid $1,900 cash in dividends.
Information for month-end adjustments follows:
a. Prepald Insurance of $140 explred this month.
b. At the end of the month, $750 of office supplies are still avallable.
c. This month's depreclation on computer equipment Is $330.
d. Employees earned $728 of unpald and unrecorded salarles as of month-end.
e. The company earned $1,770 of commlssions revenue that is not yet recorded at month-end.
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.
Unadjusted
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