cation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Flms.mheducati Common Logins WebWork S University of Wisco.. M Gmail o YouTube Maps My Math Lab Q ment a Saved pril 1, 2017, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occur month 1 Nozomi invested $42,000 cash and computer equipment worth $35,000 in the company. 2 The company rented furnished office space by paying $2,100 cash for the first month's (April) ren 3 The company purchased $1,500 of office supplies for cash. 10 The company paid $2,000 cash for the premium on a 12-month insurance policy. Coverage begins on A 14 The company paid $1,400 cash for two weeks' salaries earned by employees. 24 The company collected $22,000 cash on commissions from airlines on tickets obtained for customers 28 The company paid $1,400 cash for two weeks' salaries earned by employees. 29 The company paid $400 cash for minor repairs to the company's computer. 30 The company paid $1,500 cash for this month's telephone bill. 30 Nozomi withdrew $1,600 cash from the company for personal use. company's chart of accounts follows: Cash Accounts Receivable Office Supplies Prepaid Insurance Computer Equipment Accumulated Depreciation-Computer Equip. Salaries Payable 1. Nozomi, Capital 3. Nozomi, Withdrawals 405 Commissions Earned 612 Depreciation Expense-Computer Equip. 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary the following information: wo-thirds (or $111) of one month's insurance coverage has expired. 4 the end of the month, $500 of office supplies are still available. bir month's donraristinn on the romnutornouinmont ir einn Use the following information: 8. Two-thirds (or $111) of one month's insurance coverage has expired. b. At the end of the month, $500 of office supplies are still available. c. This month's depreciation on the computer equipment is $400. d. Employees earned $350 of unpaid and unrecorded salaries as of month-end. e. The company earned $1.950 of commissions that are not yet billed at month-end. Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement Gb, prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30, 2017 5b. Prepare the statement of owner's equity for the month of April 30, 2017. 5c. Prepare the balance sheet at April 30, 2017. 6a. Prepare journal entries to close the temporary accounts and then post to Requirement Gb. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. nsaction list rnal entry worksheet 1 2 3 4 5 o-thirds (or $111) of one month's insurance coverage has expired. : Enter debits before credits. Debit Credit ansaction General Journal . Record entry Clear entry View general jour 2 Req 6A Req 5C Req 5A Req 5B Req 4 Adj Trial Bal Req 4 Adj Entries Req 1 and 2 Req3 Prepare the income statement for the month of April 30, 2017. ints ADVENTURE TRAVEL Income Statement For Month Ended April 30, 2017 eBook References Revenues Expenses. Total expenses 0 S 0 Mic Graw n Req 1 and 2 Req3 Req 4 Adj Entries Reg 4 Adj Trial Bal Req 5A Req 5B onts Prepare the statement of owner's equity for the month of April 30, 2017. (Am with a minus sign.) eBook References ADVENTURE TRAVEL Statement of Owner's Equity For Month Ended April 30, 2017 J. Nozomi, Capital April 1, 2017 $ 0 0 J.Nozomi, Capital, April 30, 2017 $ 0 Record the entry to close revenue account(s). Note: Enter debits before credits. Date General Journal Debit Credit April 30 Record entry Clear entry View general journal General Ledger accounts Cash Debit Accounts Receivable Debit Credit Balance Date Credit Date Balance Office Supplies Debit Credit Prepald Insurance Debit Credit Date Balance Date Balance Computer Equipment Debit Credit Accumulated Depreciation-Computer equipment Debit Credit Balance Date Balance Date 2 Req 6A Req 5C Req 5A Req 5B Req 4 Adj Trial Bal Req 4 Adj Entries Req 1 and 2 Req3 Prepare the income statement for the month of April 30, 2017. ints ADVENTURE TRAVEL Income Statement For Month Ended April 30, 2017 eBook References Revenues Expenses. Total expenses 0 S 0 Mic Graw n Req 1 and 2 Req3 Req 4 Adj Entries Reg 4 Adj Trial Bal Req 5A Req 5B onts Prepare the statement of owner's equity for the month of April 30, 2017. (Am with a minus sign.) eBook References ADVENTURE TRAVEL Statement of Owner's Equity For Month Ended April 30, 2017 J. Nozomi, Capital April 1, 2017 $ 0 0 J.Nozomi, Capital, April 30, 2017 $ 0 Record the entry to close revenue account(s). Note: Enter debits before credits. Date General Journal Debit Credit April 30 Record entry Clear entry View general journal General Ledger accounts Cash Debit Accounts Receivable Debit Credit Balance Date Credit Date Balance Office Supplies Debit Credit Prepald Insurance Debit Credit Date Balance Date Balance Computer Equipment Debit Credit Accumulated Depreciation-Computer equipment Debit Credit Balance Date Balance Date