Please only Atempt Question 5A which is the Adjusted Trial Balance.
Also make it clear to understand and view the answer easily. Thank You!
On April 1 Jiro Nozomi created a new travel agency. Adventure Travel. The following tansactions occurred during the company's first month Apri1 2 Nozcel ifvested 533,000 cach and coeputer equipent worth s3e, e0e in the company in exchange for lts comon stock. Apri1 3 The coepany rented furnished offlce space by paying 32,400 cash for the first nonth's (April) rent. April 4 the company parchased $1, 700 of office supplies for cast. April te The compary patd 32 , 700 cash for a 12-month Insurance policy. Coverage begins on Apri1 11. April 14 the company paid 51,700 cash for two weeks" salaries earned by enployees. Apri1-24 The compery collected \$14, e0e cash for coelissions revenue. Agril 28. The conpany pald $1,700 cash for two weeks" salarles earned by exployees. apeil 29 The conpany pald s4ee cash for minor repairs to coeputer equipent. Agril so The company paid \$1, sae cash for this nonth's telephone bill. april 3e the compeny paid $1,564 cash in divisends. The companys chart of accounts follows. USe the following information to prepare adjustang enties a. Prepaid insurance of 5150 expired this manth b. At the end of the month, $400 of office supplies are stll ovaitabie c. This month's deprecision on computer equipment is 5600 . d. Errployees earred $360 of unpaid and unrecorded salaries as of monthend e. The compary earned $1,600 of commissions revenue that is not yet recorded st month-end: Required: 1. 8. 2. Prepare joumbt epties to recotd the vansoctions for Apil and post them toledger accourits in Requitement 68 bL tab. The componty lecords prepaid and unearned items in batance sheetracsounts. 4. Jouinalize the adjusting entries for the month and then post to the tedger on Fuequirement 68GL tab, 1 sing April 30 Adjusted BS the diate 50. Using adjusted account balincecfrom Requirentert 68:GL tab, Drebare on oojusted trial balance as of Aprili3: 5b. Prepare the income stafement for the month of Abril30 Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 6BGL tab. The company records prepaid and uneamed items in balance sheet accounts. 3. Using account balances from Requirement 6BGL tab, prepare an unadjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month, and then post to the ledger on Requirement 6BGL tab, using April 30 Adjusted as the date 58. Using adjusted account balances from Requirement 68GL tab, prepare an adjusted trial balance as of April 30 5b. Prepare the income statement for the month of April 30 . 5c. Prepare the statement of retained earnings for the month of April 30 5d. Prepare the balance sheet at Aphil 30 . 60. Prepare journal entries io close the temporary accounts and then post to Requirement 6B GL tab, using April 30 Close as the date: 6b. Post the journal entries to the ledget 7. Prepare a post-closing trial balance Complete this question by entering your answers in the tabs below. Using adjucted account balances from-Requlrement 6eGL tab, prepare an adjusted that balance as of Aprila0. Complete this question by entering your answers in the tabs below. Using adjusted account balances from Requirement GB. GL tab, prepare an adjusted trial balance as of April 30
