GLO402 (Algo) - Based on Problem 4-1A LO P2 On April 1, Spencer Lewis created a new travel agency, Lewis Travel. The following transactions occurred during the company's first month. April 2 Lewis invested $35,000 cash and computer equipment worth $9,600 in the company. April 3 The company rented furnished office space by paying $2,300 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 $2,880 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,960 cash for two weeks' salaries earned by employees. April 24 The company collected $18,000 cash for commissions revenue. April 28 The company paid $1,960 cash for two weeks' salaries earned by employees. April 29 The company paid $650 cash for minor repairs to computer equipment. April 30 The company paid $600 cash for this month's telephone bill. April 30 Lewis withdrew $2,000 cash from the company for personal use. Information for month-end adjustments follows: a. Prepaid insurance of $160 expired this month. b. At the end of the month, $850 of office supplies are still available. c. This month's depreciation on computer equipment is $160. d. Employees earned $784 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,800 of commissions revenue that is not yet recorded at month-end. Requirement General Journal General Ledger Trial Balance Income Statement St Owners Equity Balance Sheet Post Closing General Journal tab - Prepare journal entries for Lewis Travel's first month of operations. Prepare any necessary adjusting and closing entries for the current month. General Ledger tab - Each journal entry is posted automatically the general ledger. Use the drop-down button to view the unadjusted, adjusted, or post-closing balances. Trial Balance tab - You may view the unadjusted, adjusted, or post-closing trial balances by choosing from the dropdown box below. Your choice will determine the reported values on the financial statement tabs. Income Statement tab Use the drop-downs to select the accounts properly included on the income statement. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Statement of Owner's Equity tab - The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Balance Sheet tab - Use the drop-downs to select the accounts properly included on the balance sheet. The unadjusted, adjusted or post-closing balances will appear for each account, based on your selection. Post-Closing tab - Use the drop-downs to indicate whether each account is included on the post-closing trial balance.