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Post the journal entries to the ledger. Prepare a post-closing trial balance. Use the following information: a. Prepaid insurance of $156 has expired this month.

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Post the journal entries to the ledger. Prepare a post-closing trial balance. Use the following information: a. Prepaid insurance of $156 has expired this month. b. At the end of the month, $500 of office supplies are still available. c. This month's depreciation on the computer equipment is $600. d. Employees earned $510 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,350 of commissions that are not yet billed at month-end. Required: 1. \& 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requiremnt 6b. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30. 5b. Prepare the statement of retained eamings for the month of April 30. 5c. Prepare the balance sheet at April 30 . 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b. 6b. Post the journal entries to the ledger: 7. Prepare a post-closing trial balance. \begin{tabular}{|c|c|c|c|c|} \hline No & Transaction & \multicolumn{1}{|c|}{ General Journal } & Debit & Credit \\ \hline \multicolumn{1}{|c|}{1} & a. & Insurance expense & 156 & \\ \hline & & Prepaid insurance & & 156 \\ \hline & & & & \\ \hline \end{tabular} Prepare journal entries to close the temporary accounts and then post to Req 68 General Ledger, using April 30 Close as the date. Journal entry worksheet 4 Record the entry to close the income summary. Note: Enter debits before credis: 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 Record the entry to close the dividends account. Note: Enter debits before crediss. Prepare the statement of retained earnings for the month of April 30. (Amounts to be deducted should be entered with a minus sign.) Prepare the income statement for the month of April 30. Prepare the balance sheet at April 30. 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 Record the entry to close the expense account(s). Note: Enter debits before credits. 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. \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ ADVENTURE TRAVEL } \\ \hline \multicolumn{1}{|c|}{ Adjusted Trial Balance } \\ \hline 101: Cash \\ \hline 106: Accounts receivable \\ \hline 124: Office supplies \\ \hline 128: Prepaid insurance \\ \hline 167: Computer equipment \\ \hline 168: Accumulated depreciation-Computer equipment \\ \hline 209: Salaries payable \\ \hline 307: Common stock \\ \hline 318: Retained earnings \\ \hline 319: Dividends \\ \hline 405: Commissions earned \\ \hline 612: Depreciation expense- Computer equipment \\ \hline 622: Salaries expense \\ \hline 637: Insurance expense \\ \hline 640: Rent expense \\ \hline 650: Office supplies expense \\ \hline 684: Repairs expense \\ \hline 688: Telephone expense \\ \hline Total \\ \hline \end{tabular} 405: Commissions Earned Date Debit Credit Balance 622: Salaries Expense 637: Insurance Exponso 650: Office Supplies Expense 688: Telephone Expense Debit Credit Balance Balance

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