GL$0402($Algo$)-$ Based on Problem $4-1$A LO P$2$

On April $1,$ Kathy Perry created a new travel agency, Perry Travel. The following transactions occurred during the company$$s first month.

April $2$Perry invested $$45,000$ cash and computer equipment worth $$22,800$ in the company.April $3$The company rented furnished office space by paying $$2,100$ cash for the first month$$s $($April$)$ rent.April $4$The company purchased $$2,200$ of office supplies for cash.April $10$The company paid $$2,160$ cash for a $12-$month insurance policy. Coverage begins on April $11.$April $14$The company paid $$1,680$ cash for two weeks$$ salaries earned by employees.April $24$The company collected $$14,000$ cash for commissions revenue.April $28$The company paid $$1,680$ cash for two weeks$$ salaries earned by employees.April $29$The company paid $$800$ cash for minor repairs to computer equipment.April $30$The company paid $$650$ cash for this month$$s telephone bill.April $30$Perry withdrew $$1,800$ cash from the company for personal use.

Information for month$-$end adjustments follows:

Prepaid insurance of $$120$ expired this month.

At the end of the month, $$1,000$ of office supplies are still available.

This month$$s depreciation on computer equipment is $$380.$

Employees earned $$672$ of unpaid and unrecorded salaries as of month$-$end.

The company earned $$1,820$ of commissions revenue that is not yet recorded at month$-$end.