Problem 4-1A (Algo) Applying the accounting cycle LO P2 On April 1, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apri1 2 Nozoni Invested $30,000 cash and computer equipinent worth $25, bes 4 in the conpany, Aptil 2 Nozomi invested $30,009 cash and computer equipoent worth $25,609 Ln the conpany. April 3 . The conpany rented furnished office space by paying $2,70e cash for the f, irst month's (April) rent. April 3 The compary rented furnished office space by paying 4 The company purchased $1,290 of offlce supplies for cash. Apri1 10 the company paid $2,960 cash for a 12 -nonth insurance policy. Coverage begins on April 11. April 16 The company paid $2,960 cash for a 12-month insurance policy. 14 The compony paid $1,469 cash for two weeks" salaries earned by enployees. April. 24 The company collected 58,5400 cash for commisslons revenue. April 24 the company collected 46,5400 cash for commisstons revenue. 28 The company paid $1,400 cash for two neeks' salaries earned by eaployees. April 29 The cospany paid $400cash for minor repalrs to conputer equipment. Apr11 39 The conpany paid $950 cash for this nonth's telephone bill. Apral 30 The confany poid $950 cash for this nonth 5 telephone butil. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepaid insurance of $161 expired this month. b. At the end of the month, $600 of office supplies are still available. b. This month's depreciation on computer equipment is $500. d. Employees eamed $440 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,200 of commissions revenue that is not yet recorded at month-end. Required: Required: 1. \& 2 Prepare journal entries to record the transactions for Aptil and post them to ledger accounts in Req 6BBL tab. 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 then post to the ledger on Req 6B tab, using Apri 30 Adjusted as the date 5. Journalize the adjusting entres for the maccount balances from Req, 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 owner's equity 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 Req 6BGL tab, using April 30 Close as the date 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance