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. April 2 Nozoni invested $34, ee cash and conputer equipment worth $40, eee in the company in exchange for its conmon stock. April 3 The conpany rented furnished office space by paying $2,400 cash for the first month's (April) rent. April 4 The company purchased $1,800 of of fice supplies for cash. April 10 The company paid $2,880 cash for a 12-month insurance policy. Coveracie begins on April 11. April 14 The cospany paid $800 cash for two weeks" sataries carned by enployees. April 24 The company collected $10,500 cash for connissions revenue. April 28 The conpany paid $80 e cash for two weeks' salaries earned by enployees. April 29 The company paid $350 cash for minor repairs to conputer equiphent. April 30 The company paid $950 cash for this month's telephone bill. April 30 The company paid $1,540 cash in dividends. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepaid insurance of $160 expired this month. b. At the end of the month, $600 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 $2,000 of commissions revenue that is not yet recorded at month-end. Use the following information to prepare adjusting entries: a. Prepaid insurance of $160 expired this month. b. At the end of the month, $600 of office supplies are still available. 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 $2,000 of commissions revenue that is not yet recorded at honth-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 68GL 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 6BGL 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. Complete this question by entering your answers in the tabs below. Prepare joumal 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. Prepare fournal entries to record the transactions for April and post them to ledger accounts in Requirement 6BGL tab. The company records prepaid and unearned items in balance sheet accounts. Journal entry worksheet Nozoml invested $34,000 cash and computer equipment worth $40,000 in the company in exchange for its common stock. Noth: Enter debits before credits