Please only Atempt requried question 6A which is Recording the entries for 1-4. Also please make the answer understandable and easy to view. thank you
On April 1, Jiro Nozomi created a new travel agency. Adventure Irave. The following transactions occurred during the company's first morth. April 2 Norcoi invested 538,600 cash and computer equipment worth 535,000 in the company in excharge for its coemon stock. Apei1 3 the company rented furnished affice space by paying $1,500 cash for the first nonth's (April) rent. Apri1 4 the company purchased 51,200 of office supplies for cash. April 10 The company paid $2,790 cash for a 12-month insurance policy. Coverage-begins on April 11. April 14 the company paid \$1, 200 cash for two weeks, salaries earned by eoployees. aprl1 24 the company collected $12,500 cash for commissions revenue. Apri1 25 The company paid $1,200 cash for two weeks" salaries earned by employees. Aprl1 29 The company paid $250 cash for minor repairs to computer equipment. April 30 The company paid $1,400 cash for this nonth's telephone bill. Apri1 30 The company paid $1,500 cash in dividends. The company's chart of accounts follows. Use the following information to prepare adjusting entries a. Prepaid insurance of $150 expired this month. b. At the end of the month, $700 of office supplies are still avallable. c. This month's depreciation on computer equipment is $400. d. Employees earned $570 of unpaid and unrecorded salaries as of month-end e. The company earned $2,500 of commissions revenue that is not yet recorded at monthiend Required: 1. 8.2 Prepare journal entries to record the transactions for April and post them to ledger accounts in Requiremment 68 GL tab. The company records prepaid and unearned items in balance sheet accourits 3. Using account balances from Requirement 6E GL tab. prepare an unadjusted fral balance as of April 30. 4. Joumalize the adjusting entries for the month, and then post to the ledger on Requirement 6B GL tab, using Apri 30 Adjusted as the ciate 50. Using adjusted account bilances from Requirement 6B.GL tab. prepare an adjusted trial balance as of Apni 30. 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 6GL tab, using April 30 Adjusted as the date 50. Using adjusted account balances from Requirement 6BGL tab, prepare an adjusted trial balance as of Aprit 30 . 5b. Prepare the income statement for the month of April 30 5c. Prepare the statement of retained earmings for the month of April 30. 5d. Prepare the balance sheet at Aprit 30 . 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6BGL tab, using April 30 Close as the date 6b. Post the journal entries to the ledget. 7. Prepate a post-closing trial balance. Complete this question by entering your answers in the tabs below. Prepare journal entries to close the temporary accounts and then post to Requirement 6BCL tab, using Apria Jo Close as the date. Prepare journal entries to close the temporary accounts and then post to Requirement 6BGL tab, using Journal entry worksheet Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare joumal entries to close the temporary accounts and then post to Requirement 68 GL tab; using Aprit 30 Close as the dat Journal entry worksheet
