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 firs month. Apri1 3 . The company rented furnished office space by paying $2, 7ag cash for the first month's (April) rent. Apri1 4 . The compary purchased $2, e90 of office supplies: for cash. April 10 the company paid $2,700 cash for a 12 -month insurance policy. Coverage begins on April 11 . April 14 The compiny paid 5990 cash for two weeks' salaries earned by eroloyees. April 24 The company collected $11,060 cash for comissions revenue. April 28 The company paid $900 cash for two weeks sularies earned by erployees. April 29 The company pald \$36e cash for minor cepains to cotiputer equiptent. April 38 . The company paid $1,109 cash for this month's telephone bill. Apri2 39 the company paid $1,560 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, $600 of office supplies are stil ovailable c. This month's depreciation on computer equipment is $400 d. Enployees carned $580 of unpaid and unrecorded salaries as of monthend 6. The company earned $2150 of commissions revenue that is not yet cecolded ar month - send Required: compenv resoros picoaid and uneorned tems in bolance sheet ascounts Required: 1. \& 2 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. 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 6BGL tab. using April 30 Adjusted as the date. So. Using adjusted account balances from Requirement 6B GL tab. prepare an adjusted trial balance as of April 30 . 5b. Prepore the income statement for the month of April 30. sc. Prepare the statement of retained earnings for the month of April 30. sd. Prepare the balance sheet at April 30. 6o. Prepare joumal entries to close the temporary accounts and then post to Requirement 6BGL tab, using April 30 Close as the date. ob. Post the joumal entries to the ledger. 7. Prepare a post-closing triaf balance. 7. Prepare o post-closing trial balance. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the transactions for April and post them to ledger accounts in Reguirement 68B, tab. The company records prepaid and uneamed items in balance sheet accounts. Journal entry worksheet Nozomi invested \$39,000 cauh and computer equipment worth $55,000 in the company in exchange for its common stock. 7. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 68BL tab. The company records prepaid and unearned iterns in balance sheet accounts. Journal entry worksheet The company rented furnished office space by paying $2,700 cash for the first monthi's (April) rent. hatef enter depts bofure credis Complete this question by entering your answers in the tabs below. 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 uneamed items in balance sheet accounts. Journal entry worksheet The company purchased $2,000 of office supplies for cash. hute enter dabautiefurz coedits. 7. Prepare a post-closing trial balance Complete this question by entering your answers in the tabs below. Prepare journal entries to record the transactions for April and post them to ledger accounts in Fuequirement 6B GL tab. The company records prepaid and unearned iterns in balance sheet accounts. Journal entry worksheet The company paid $2,700 cash for a 12 -month insurance polich, Coverage begins on April 11. Mote: Inter debith before otdits 7. Prepare a post-dosing trial balance. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the transactions for Aprif and post them to ledger accounts in Requirement 6BGLL tab. The company records prepaid and unearned items in balance sheet accounts. Journal entry worksheet (1) 2 (3) (7) (8) (9) 10 The company paid $900 cash for two weeks' salaries earned by employees. woter Ente debils before credits. 7. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Prepare journal entres to record the transactions for April and post them to lodger accounts in Requirement 68 GL. Gab. The company. records prepaid and unearned items in balance sheret accounts. Journal entry worksheet The company collected $11,000 cash for commissions revenue. 7. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 68GL tab. The company records prepaid and uneamed iberns in balance sheet accounts. Journal entry worksheet The company paid $900 cash for two weeks' salaries earned by employees. Wote Enter dotita before ceedits 7. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. 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. Journal entry worksheet The company pald s300 cash for minor repoin to computer equipment. Note- enter detiut bintirs avges. 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 69 GL tab. The company records prepaid and uneamed items in balance sheet accounts. Journal entry worksheet The company paid $1,100 cash for this month's telephone bill. Note: trite oebils before ondats. Complete this question by entering your answers in the tabs below. 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 iterns in balance sheet accounts