[The following information applies to the questions displayed below) On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $42,000 cash a 2 The company rented furnished office space by paying $1,600 cash for the first month's (April) rent 3 The company purchased $1.200 of office supplies for cash. 10 The company paid $2,500 cash for the premium on a 12-month insurance policy. Coverage begins on April 11 14 The company paid $1,800 cash for two weeks' salaries earned by employees. 24 The company collected $10,500 cash on commissions from airlines on tickets obtained for customers. 28 The company paid $1,800 cash for two weeks' salaries earned by employees. 29 The company paid $500 cash for minor repairs to the company's computer 30 The company paid $750 cash for this month's telephone bill. 30 Nozomi withdrew $2,400 cash from the company for personal use. The company's chart of accounts follows: 405 Commissions Earned 612 Depreciation Expense-Computer Equip 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 101 Cash 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Ac 209 Salaries Payable 301 J. Nozomi, Capital 302 J. Nozomi, Withdrawals Computer Equip.650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following information: a. Two-thirds (or $139) 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 depreciation on the computer equipment is $400. d. Employees earned $550 of unpaid and unrecorded salaries as of month-end e. The company earned $2,400 of c s that are not yet billed at month-end. 5.1 Prepare the income statement for the month of April 30, 2015 ADVENTURE TRAVEL Income Statement For Month Ended April 30, 2015 Revenues Expenses: Total expenses 5.2 Prepare the statement of owner's equity for the month of April 30, 2015. 5.2 Prepare the statement of owner's equity for the month of April 30, 2015. ADVENTURE TRAVEL Statement of Owner's Equity For Month Ended April 30, 2015 J. Nozomi, Capital, April 1, 2015 J. Nozomi, Capital, April 30, 2015 5.3 Prepare the balance sheet at April 30, 2015. ADVENTURE TRAVEL Balance Sheet April 30, 2015 Assets Total assets Liabilitiess Equity Total liabilities and equity