$5$B$-$ Req $6$A; Prepare the balance sheet at April $30.$

ADVENTURE TRAVEL

Balance Sheet

April $30$

$\backslash$table$[[,,],[,,],[,,],[,,],[$Total assets,,$],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]$ Prepare journal entries to close the temporary accounts and then post to Requirement $6B$ GL tab, using April $30$ Close as the date.

Journal entry worksheet

$1$

$2$

$3$

$4$

Record the entry to close the revenue account$($s$).$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$April $30,,,],[,,,],[,,,],[,,,],[,,,]]$Prepare a post$-$closing trial balance.

ADVENTURE TRAVEL

Post$-$Closing Trial Balance

April $30$

$\backslash$table$[[$Account Title,Debit,Credit,$],[,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$On April $1,$ Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first

month.

April $2$ Nozomi invested $$33,000$ cash and computer equipment worth $$30,000$ in the company in exchange for its common

stock.

April $3$ The company rented furnished office space by paying $$1,900$ cash for the first month's $($April$)$ rent.

April $4$ The company purchased $$2,000$ of office supplies for cash.

April $10$ The company paid $$2,340$ cash for a $12-$month insurance policy. Coverage begins on April $11.$

April $14$ The company paid $$1,500$ cash for two weeks' salaries earned by employees.

April $24$ The company collected $$10,000$ cash for commissions revenue.

April $28$ The company paid $$1,500$ cash for two weeks' salaries earned by employees.

April $29$ The company paid $$350$ cash for minor repairs to computer equipment.

April $30$ The company paid $$850$ cash for this month's telephone bill.

April $30$ The company paid $$1,570$ cash in dividends.

The company's chart of accounts follows:

$403$ Commissions Revenue

$612$ Depreciation Expense$-$Computer Equipment

$622$ Salaries Expense

$637$ Insurance Expense

$640$ Rent Expense

$650$ Office Supplies Expense

$684$ Repairs Expense

$688$ Telephone Expense

$901$ Income Summary