w Policies rent Attempt in Progress On April 1, Adventures Travel Agency, Inc. began operations. The following transactions were completed during the month. 1 Issued common stock for $24,000 cash. 2. Obtained a bank loan for $7,000 by issuing a note payable. 3. Paid $11,000 cash to buy equipment. 4. Paid $1.200 cash for April office rent. 5. Paid $1,450 for supplies. 6. Purchased $600 of advertising in the Daily Herald, on account. 7. was received from customers, and the balance of $16,000 was billed to Performed services for $18,000: cash of $2,000 was customers on account. 8. Paid $400 cash dividend to stockholders. 9. Paid the utility bill for the month, $2,000. 10. Paid Daily Herald the amount due in transaction (6). 11. Paid $40 of interest on the bank loan obtained in transaction (2). 12 Paid employees' salaries. $6,400. 13. Received $12.000 cash from customers billed in transaction (7) 14. Paid income tax, $1.500 surnalize the transactions. Of no entry is required, select "No Entry for the account titles and enter O for the amounts. Credit account titles e automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit 1 2. 3. 4