[[Only answer requirements 6a, 6b, and 7]]

Requirement 6a:

Requirement 6a. Transaction List (above):

1. Record the entry to close the revenue account(s).

2. Record the entry to close the expense account(s).

3. Record the entry to close the income summary.

4. Record the entry to close the dividends account.

Requirement 6b:

Requirement 7:

On Aprll 1, Jiro Nozoml created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $30,80 cash and computer equipment worth $25,00 in the company in exchange for common stock. April 2 The company rented furnished office space by paying $2,100 cash for the first month's (April) rent. April 3 The company purchased $1,800 of office supplies for cash. April 10 The company paid $2,900 cash for the premium on a 12-month insurance policy. Coverage begins on April 11 . April 14 The company paid $1,700 cash for two weeks' salaries earned by employees. April 24 The company collected $12,500 cash for commissions revenue. April 28 The company paid $1,700 cash for two weeks' salaries earned by employees. April 29 The company paid $450 cash for minor repairs to the company's computer. April 30 The company paid $1,350 cash for this month's telephone bill. April 30 The company paid $1,700 cash in dividends. a. Prepald Insurance of $161 has explred this month. b. At the end of the month, $700 of office supplles are still avallable. c. This month's depreclation on the computer equipment is $300. d. Employees earned $530 of unpald and unrecorded salarles as of month-end. e. The company earned $1,650 of commissions that are not yet billed at month-end. Required: 1. \& 2. Prepare Journal entrles to record the transactions for Aprll and post them to the ledger accounts in Requirement 6b. The company records prepald and unearned Items In balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trlal balance as of April 30 . 4. Journalize the adjusting entrles for the month and prepare the adjusted trial balance. 5a. Prepare the Income statement for the month of Aprll 30. 5b. Prepare the statement of retalned earnings for the month of Aprll 30. 5c. Prepare the balance sheet at Aprll 30. 6a. Prepare Journal entrles to close the temporary accounts and then post to Requirement 6b. 6b. Post the Journal entrles to the ledger. 7. Prepare a post-closing trlal balance. Prepare a post-closing trial balance. Prepare journal entries to close the temporary accounts and then post to Req 6B General Ledger, using April 30 Close as the date. Journal entry worksheet 4 Record the entry to close the revenue account(s). Note: Enter debits before credits. Post the journal entries to the ledger