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Sos! I need help please! On April 1, Jose Garcia created a new travel agency, Garcia Travel. The following transactions occurred during the company's first
Sos! I need help please!
On April 1, Jose Garcia created a new travel agency, Garcia Travel. The following transactions occurred during the company's first month. Information for month-end adjustments follows: 1. Prepaid insurance of $100 has expired this month. 2. At the end of the month, 660 of office supplies are still available. 3. This month's depreciation on the computer equipment is $190. 4. Employees earned 5616 of unpaid and unrecorded salaries as of month-end. 5. The company carned $1.830 of commissions that are not yet billed at month-cnd. General Journal tab - Prepare journal entries for Garcia Travel's first month of operations. Prepare any necessary adjusting and closing entries for the current month. General Ledger tab - Each journal entry is posted automatically to the general ledger. Use the dropdown button to view the unadjusted, adjusted, or post-closing balances. Trial Balance tab - You may view the unadjusted, adjusted, or post-closing trial balances by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs. Income Statement tab - Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Statement of Owner's Equity tab - The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Balance Sheet tab - Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Post-Closing tab - Use the drop-downs to indicate whether each account is included on the postclosing trial balance Step by Step Solution
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