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roblem 4-1A Applying the accounting cycle LO c1, C2, P2, P3 n April 1, 2017, rst month Jiro Nozomi created a new travel agency. Adventure

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roblem 4-1A Applying the accounting cycle LO c1, C2, P2, P3 n April 1, 2017, rst month Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's pril 1 Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company. company rented furnished office space by paying $1,800 cash for the first month 's (April) rent. 3 The company purchased $1,000 of office supplies for cash. 10 The company paid $2,400 cash for the premium on a 12-month insurance poliey. Coverage begins on Ap 14 The company paid $1,600 cash for two weeks salaries eazned by employees. 24 The company collected $8,000 cash on commissions trom airlines on tickets obtained for customers. 28 The company paid $1,600 cash for two weeks salaries earned by employees. 29 The company paid $350 cash for minor repairs to the company's computer. 30 The company paid $750 cash for this nonth 's telephone bill. 30 020mi withdrew $1,500 eash fron the company for personal use. The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Aceumulated Depzeciation-Computer Equip.6s0 orrice Supplles Expense 209 Salaries Payable 301 J. Nozomi, Capital 302 J. Nozomi, Withdrawals 405 Commdssions Earned 622 Depreekation Expense Computer EquiP 637 Insurance Expense 640 Rent Expense 684 Repaira Exponso 688 Telephone Expense 901 Income Sunary

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