Ruberstein, Inc. was founded on April 1 and entered into the following transactions: Apr 1: Issued common stock to shareholders in exchange for cash, $20,000 Apr 1: Purchased a delivery van (equipment), $13,000 Apr 1: Purchased a one-year insurance policy to be consumed evenly over the next 12 months, $4800 Apr 1: Took out a loan from First Bank, $20,000 Apr 6: Hired two new monthly employees on salary of $1000/month each. Apr 7: Purchased office supplies on credit, $1200 Apr 8: Billed customers for services provided, $7500 Apr 12: Paid to have an ad placed on a billboard during April, $1300 Apr 18: Billed customers for services provided, $8600 Apr 24: Paid dividends to stockholders, $1000 Apr 30: Received utility bills for the month of April to be paid next month, $740 Apr 30: Prepaid the next six months of rent starting with May, $3600 April depreciation for the delivery van is $217. Interest on the loan from the bank is paid annually at a rate of 6% An inventory count of office supplies at April 30 showed $500 of supplies on hand. Prepaid insurance has expired Employees' salaries earned during April but to be paid in May, $2000.

d. prepare all necessary adjusting entries and post the entries to the appropriate t-accounts