Problem 3-5A (Algo) Applying the accounting cycle LO P1, P3, P4, P5, P6 On April 1, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Npri1 2 Nozond invested $30,000 cash and computer equiptent worth $25,000 in the conpany in exchange: for ita contion stock. Apri1. 3 The company rented furniahed office space by paying $2,900 cash for the firat month'B (April) rent. Apri1 4 The company purchased $1,900 of oftice supplies for cash. Apri1 10 The oompany paid $3,060 cash for a 12 -month inaurance poliey. Coverage begino on hpril 11. April 14 The company paid $900 cash for two weeks' salaries earned by enployees. hpri1 24 The company collected $12,000 eash tor conmitsions revenue. hpril 28: The eonpany paid $900 cash for two weeka salaries earned by enployees. Apri1 29 The company paid $300 cash for minor repaira to conputer equipent. Apri1 30 The company paid $1,350 cash for this month's telephone bili. April 30 The company paid $1,580 caah in dividends. The company's chart of accounts follows: Use the following information to prepare adjusting entries: 106: Accounts Recelvable Balance