Problem 4-1A Applying the accounting cycle LO C1, C2, P2, P3 On April 1, 2017, Jiro Nozomi created a new travel agency. company's first month. Adventure Travel. The following transactions occurred during the 100 points April 1 Nozomi invested $44,000 cash and computer equipment worth $35,e00 in the company. 2 The company rented furnished office space by paying $2,6e9 cash for the first month's (April) 3 The company purchased $1,100 of office supplies for cash. 10 The company paid $2,600 cash for the premium on a 12-month insurance policy. Coverage begins on April 11 14 The company paid $1,400 cash for two weeks' salaries earned by emp loyees. 24 The company collected $8,589 cash on commissions from airlines on tickets obtained for customers. 28 The company paid $1,400 cash for two weeks' salaries earned by employees 29 The company paid $458 cash for minor repairs to the company's computer 30 The company paid $1,400 cash for this month's telephone bill 30 Nozomi withdrew $2,180 cash from the company for personal use. References The company's chart of accounts follows: 101 Cash 405 Commissions Earned 612 Depreciation Expense Computer 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 186 Accounts Receivable Equip 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip. 650 office Supplies Expense 289 Salaries Payable 301 J. Nozomi, Capital 302 J. Nozomi, Withdrawals 684 Repairs Expense 688 Telephone Expense Use the following information: a. Two-thirds (or $144) of one month's insurance coverage has expired b. At the end of the month, $800 of office supplies are still available c. This month's de d. Employees earned $530 of unpaid and unrecorded salaries as of month-end e. The company earned $1,850 of commissions that are not yet billed at month-encd n on the computer equipment is $500