Saved On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month April 1 Motoni invested $30,000 cash and computer equipment worth $20,000 in the company. 2. The 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 policy. Coverage begins on April 11. 14 The company paid 51,6ee cash for two weeks salaries earned by employees. 24 The company collected $8,000 cash for commissions earned 28 The company paid $1,600 cash for two weeks salaries earned by employees 29 The company paid 5350 cash for minor repairs to the company's computer. 30 The company paid $750 cash for this month's telephone 1 30 Nozomi withdrew $1,500 cash from the company for personal use The company's chart of accounts follows 101 Cash 1e Accounts Receivable 124 Office Supplies 126 Prepaid Thurance 167 Computer tout Accumulated bepreciation Computer Equi 301.pital 405 Colors Erhed 512 Deprecato pense-Computer op Sales Expen 837 nuance 640 Rent Expert 650 Office Supplies Excense 684 Rapese Telephone Expense 301 Income may Use the forma information o. Pience of sailor b. And of the ice Tube cm de comment 5500 d. Emoch 42D old and recorded sale of a Seved 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 165 Accumulated Depreciation-Computer Equips 209 Solaries Payable 381 3. Nozomi, Capital 302 2. Nooi, withdrawals 4es Commissions Earned 612 Depreciation Expense-Computer Equip. 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 9e1 Income Summary Use the following information: a. Prepaid insurance of $133 has expired this month b. At the end of the month, $600 of office supplies are still available c. This month's depreciation on the computer equipment is $500 d. Employees eamed $420 of unpaid and unrecorded salaries as of month-end e. The company earned $1750 of commissions that are not yet billed at monthiend Required: 1. & 2. Prepare fournal entries to record the transactions for Apni and post them to the lediger accounts in Requirement to the company records prepald and uneared 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 prepare the adjusted trial balance 50. Prepare the income statement for the month of April 30. 5b Prepare the statement of owner's equity for the month of April 30 50. Prepare the balance sheet at April 30 60. Prepare journal entries to close the tentoorary accounts and then atto Requirement ob Foste ouma entries to the lenger 7. Preparen posto in balance Complete this question tiv entering vour answers in the tabs below. Samed 209 Salaries Payable 301 3. Nozomi, Capital 302. Nozomi, withdrawals 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following information: 0. Prepaid insurance of $133 has expired this month. b. At the end of the month $600 of office supplies are still available c. This month's depreciation on the computer equipment is 5500 d. Employees eamed $420 of unpaid and unrecorded salaries as of month-end e. The company earned $1,750 of commissions that are not yet beled at month-end Required: 1. & 2. Prepare journal entries to record the transactions for Apnit and post them to the ledger accounts in Requirement 6 The company records prepaid and uneared items in balance sheet accounts 3. Using account balances from Requirement b. prepare an unadjusted trial balance as of April 30 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance 50. Prepare the income statement for the month of April 30 5b. Prepare the statement of owner's equity for the month of Apd 30. 5c. Prepare the balance sheet at April 30. 6n. Prepare journal entries to close the temporary accounts and then post to Requirement 6 6. Post the journal entries to the ledger 7. Prepare a boot-closing the balance Complete this question by entering your answers in the tabs below RA Trial Bal 30 Red