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This question requires the income statement, statement of owners equity, and balance sheet with all adjustments On April 1, Jiro Nozomi created a new travel

This question requires the income statement, statement of owners equity, and balance sheet with all adjustments image text in transcribed
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On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. Apri2 2 Nozomi invested $38,000 cash and computer equipment worth 525,000 in the conpany. April 3 The company rented furniahed office bpace by paying $2,100 cash for the firkt inonth' (April) rent. April. 4 The company purchased $1,300 of of f ce supplies for cash. April 10 The company paid $2,300 cash for a 12-month insurance pollcy. Coverage begins on April 11. April 14 The company paid $1,500 cash for two weeks' walaried earned by employees. April 24 The conpany collected $9,000 cash for comalsbhona revenue. April 28 The company paid $1,500 cash for two weeks' ealaries earned by enployees. April 30 The company paid $450 oash for minor repaira to computer equipment. April 30 Nozeosi comp paid $950 canh for this month's telephone bill. The company's chart of accounts follows: Use the following information to prepare adjusting entries; a. Prepaid insurance of $128 expired this month. b. At the end of the month, $600 of office supplies are still available. c. This month's depreciation on computer equipment is $500. d. Employees earned $330 of unpaid and unrecorded salaries as of month-ehd. e. The company earned $1,900 of commissions revenue that is not yet recorded at month-end. Prenare the income statement for the month of April 30. Prepare the statement of owner's equity for the month of April 30 . ADVENTURE TRAVEL Balance Sheet April 30

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