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please answer as quickly as possible a. Prepaid insurance of $180 expired this month. b. At the end of the month, $800 of office supplies
please answer as quickly as possible
a. Prepaid insurance of $180 expired this month. b. At the end of the month, $800 of office supplies are still avallable. c. This month's depreciation on computer equipment is $230. d. Employees earned $840 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,770 of commissions 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. On April 1, Leslle Adams created a new travel agency. Adams Travel. The following transactions occurred during the company's first month. Apri1 2 Adams invested $42,e9 cash and computer equipment worth $13,800 in the company in exchange for its cormon stock. April 3 The company rented furnished office space by paying $2,200 cash for the first month's (Apri1) rent. April 4 The company purchased $2,ee0 of office supplies for cash. April 10 The company paid $3,240 cash for a 12 -month insurance policy. Coverage begins on April 11. April 14 The company paid $2,100 cash for two weeks' salaries earned by employees. April 24 The company collected $16,00 cash for comissions revenue. Apri1 28 The company paid \$2,100 cash for two weeks' salaries earned by employees. April 29 The company paid $800 cash for minor repairs to computer equipenent. Apri1 30 The company paid $6e cash for this month's telephone bill. April 36 The company paid $2,100 cash in dividends. Information for month-end adjustments follows: a. Prepaid insurance of $180 expired this month. b. At the end of the month, $800 of office supplies are still available. c. This month's depreciation on computer equipment is $230. d. Employees earned $840 of unpald and unrecorded salaries as of month-end. e. The company earned $1,770 of commissions revenue that is not yet recorded at month-end Prepare the required journal entries, adjusting entries, and closing entries for Adams Travel. Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Begin by selecting "Post-closing" from the drop-down below. Then, for each account, use the drop-down to indicate whether the account is included on the post-closing trial balance. Based on your decisions, the post-closing trial balance will be created. Compare your results with the Trial Balance tab Step by Step Solution
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