Please only Atempt Question 6A which is 4 questions under Journel Entry Worksheet.
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 transactions occurred during the company's first month. Apri1 2 Nozoni fivested 533,000 cash and cosputer equipent worth 530,000 in the conpany in exchange for its conmon stsck. Apri1.3 The compony rented furnished office spoce by paying 37,400 cash fon the first month's (April) rent. Apr11 4 the coopany purchased 51,900 of office supplies for cash. Apr11 10 The company paid $2,700 cash for a 12 -month insurance pollcy. Coverage begins on Apri1 11. Apri1 14 The conpany pald 51,700 cash for tho neeks" salaries earned by eaployees. Apri1 24 The conpany collected $14,000 cash for comissfons revenue: Ape11 28 The company pald $1,700 cash for two veeks" salaries earned by eoployeesi. Apri1 29 the company pald $400 cash for ninor repairs to computer equipment. April 30 the coopacy paid 51 , seo cash for thls month's telephone bili. Apri1 3e the company poid $1, see cash in dividends. The company's chart of accounts follows Use tre following intormation to prepare adjusting entries a. Prepold insurance of $150 expired this month. b. At the end of the month, 5400 of othice supplies are still avaidable c. This month's depreciotion on computer equipment is $600 d. Employees earned 5360 of unpaid and unrecorded salaries as of monthiend e. The company eamned $1600 of commisslons revenue that is not yet recorded at month-end. Required: 1. 8 2. Prepare joumal entries to record the transactions for April and post them to ledoer accounts in Requinement 6B GL. tab: The compony fecords preptild and uneained items in bolance sheet accounts. 3. Using account balances from Requirement 6 B GL tab, Rrepare dh whodiusted trial balance of of April 30 4. Joumaize the adjussing entcies for the month, and then post to the ledgen on Reculrement 6B GL tab, wsing Aprit 30 Adjusted as the cat? 50. Using aicjusted account badancef from Reablenent GE GL mab orevare an adjusted triai balance as:or Ap in 30 5b. Piegare the income statement for the nonth of Apil a0. Use the following information to prepare adjusting entries: a. Prepaid insurance of $150 expired this month: b. At the end of the month, $400 of office supplies are still available: c. This month's depreciation on computer equipment is $600 d. Employees eamed $360 of unpaid and unrecorded salaries as of month-end e. The company earned $1,600 of commissions revenue that is not yet recorded at month-end Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 6B GL tab. The company records prepald and uneained ttems in balance sheet accounts. 3. Using account balances from Requirement 6BLL 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 a5: the date. 50. Using adjusted account balances from Requerement 6B GL tab, prepare an adjusted triat balance as of Aprii 30. 5b. Prepare the income statement for the month of April 30 . 5c. Prepare the statement of retained eamings for the month of Aprit 30 5d. Prepare the balance sheet at April 30 60. Prepore joumal entries to close the temporary eccounts and then post to Requirement 6BGt thb. using Apri 30 Close as the date 6b. Post the journal entries to the ledger 7. Prepare-e post-closing tual borance Complete this question by entering your answers in the tabs below. Propare foumal antries to close the temporary accounts and then post to Requicement 68 ch tab, using April 30 Close H the date. Journal entry worksheet 1. riepale a pustuusuig ulal Laldice Complete this question fy entering your onswers in the tabs below. Prepare journal entries to close the temporary accounts and then post to Requirement 6B GL tab, using April 3o close as the date. Journal entry worksheet Record the entry to close the revenue account(s) Biten Cuter debuts before rowitn. Propare Journal entrios to close the temporary accounits and then post to Requiromant GB Ga tab, using April 30 Close an the date. Journal entry worksheet Complote this question by entering your answers in the tabs below. Prepare journal entries to close the temporary accounts and then post to Requirement 6B GL tab, using April 30 Close as the date. Journal entry worksheet Record the entry to close the income summary. Mote: Enter detiti before creditt. Complete this question by entering your answers in the tabs below. Prepare joumal entrins to close the temporary accounts and then post to Requirement 68 GL tab, using April 30 Clone as the date. Journal entry worksheet
