Post the journal entries to the ledger. (Select April 30 Adjusted as date for all adjusting entries, and April 30 Close as date for all closing entries. General Ledger accounts 101: Cash 106: Accounts Receivable Date Debit Credit Balance Date Debit April 30 23,000 Date Credit Balance 23,000 128: Prepaid Insurance Credit Balance Date Debit Credit Balance 124: Office Supplies Debit Date Date Date 124: Office Supplies Debit Credit Balance Date 128: Prepaid Insurance Debit Credit Balance 167: Computer Equipment Debit 168: Accumulated Depreciation-Computer Equipment Credit Balance Date 209: Salaries Payable Debit Debit Credit Balance 307: Common Stock Credit Balance Date Debit Credit Balance Prepare the balance sheet at April 30. Commissions revenue ADVENTURE TRAVEL Balance Sheet April 30 Revenue Rent expense Salaries payable Repairs expense Telephone expense Total assets Total equity 0 699 $ 0 0 Total liabilities and equity $ 0 Prepare the statement of retained earnings for the month of April 30. ADVENTURE TRAVEL Statement of Retained Earnings For Month Ended April 30 Retained earnings, April 1 Add: Net income Less: Dividends $ 0 Retained earnings, April 30 $ 0 < Req 5B Req 5D > Date Date Date 640: Rent Expense Debit Credit Balance Date 684: Repairs Expense Debit 650: Office Supplies Expense Debit Credit Balance Credit Balance Date 688: Telephone Expense Debit Credit Balance 901: Income Summary Debit Credit Balance Prev 1 of 1 Score answer > 101: Cash Adjusted Trial Balance April 30 Account Title 106: Accounts receivable 124: Office supplies 128: Prepaid insurance 167: Computer equipment 168: Accumulated depreciation-Computer equipment 209: Salaries payable 307: Common stock 318: Retained earnings 319: Dividends 403: Commissions revenue 612: Depreciation expense-Computer equipment 622: Salaries expense 637: Insurance expense 640: Rent expense 650: Office supplies expense 684: Repairs expense 688: Telephone expense Debit Credit Req 1 and 2 Req 3 Req 4 Req 5A Req 58 Req 5C Req 5D Req 6A Req 6B GL Req 7 Prepare journal entries to close the temporary accounts and then post to Requirement 6B GL tab, using April 30 Close as the date. No Date General Journal < Req 5D Req 6B GL > Debit Credit Date Date Date 318: Retained Earnings Debit Credit Balance Date 319: Dividends Debit Credit Balance 403: Commissions Revenue Debit 612: Depreciation Expense-Computer Equipment Credit Balance Date 622: Salaries Expense Debit Debit Credit Balance 637: Insurance Expense Credit Balance: Date Debit Credit Balance 101: Cash Account Title 106: Accounts receivable 124: Office supplies adjusted trial Dalarice April 30 128: Prepaid insurance 167: Computer equipment 168: Accumulated depreciation-Computer equipment 209: Salaries payable 307: Common stock 318: Retained earnings 319: Dividends 403: Commissions revenue 612: Depreciation expense-Computer equipment 622: Salaries expense 637: Insurance expense 640: Rent expense 650: Office supplies expense 684: Repairs expense 688: Telephone expense Totals Debit Credit S 0 $ 0 www Prepare the income statement for the month of April 30. ADVENTURE TRAVEL Income Statement For Month Ended April 30 Revenues: Commissions revenue Expenses: Rent expense Salaries expense Repairs expense Telephone expense Insurance expense Office supplies expense Depreciation expense-Computer equipment Total expenses S 0 0 On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozomi invested $49,000 cash and computer equipment worth $35,000 in the company in exchange for its common stock. April 3 The company rented furnished office space by paying $2,000 cash for the first month's (April) rent. April 4 The company purchased $1,200 of office supplies for cash. April 10 The company paid $1,980 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,700 cash for two weeks' salaries earned by employees. April 24 The company collected $10,500 cash for commissions revenue. April 28 The company paid $1,700 cash for two weeks' salaries earned by employees.. April 29 The company paid $500 cash for minor repairs to computer equipment. April 30 The company paid $1,100 cash for this month's telephone bill. April 30 The company paid $1,510 cash in dividends. The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equipment 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends Use the following information to prepare adjusting entries: 403 Commissions Revenue 612 Depreciation Expense-Computer Equipment 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following information to prepare adjusting entries: a. Prepaid insurance of $110 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 $300. d. Employees earned $360 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,300 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 prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6B GL 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 6B GL tab, using April 30 Adjusted as the date. 5a. Using adjusted account balances from Requirement 6B GL 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 April 30. 6a. Prepare journal entries to 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 ledger. 7. Prepare a post-closing trial balance. Post the journal entries to the ledger. (Select April 30 Adjusted as date for all adjusting entries, and April 30 Close as date for all closing entries. General Ledger accounts 101: Cash 106: Accounts Receivable Date Debit Credit Balance Date Debit April 30 23,000 Date Credit Balance 23,000 128: Prepaid Insurance Credit Balance Date Debit Credit Balance 124: Office Supplies Debit