Homework: Adjusting Accounts Problems Assignment 0 SaYe-d On April 1, Jiro Nozomi created a new travel agency' Adventure Travel, The following transactions occurred during the company's first month. 4_2 April 2 Nozomi invested $49,000 cash and computer equipment worth $35,006 in the company in exchange for its common stock. points April 3 The company rented furnished office space by paying $1,800 cash for the first month's (April) rent. April 4- The company purchased $1,100 of office supplies for cash. April 10 The company paid $2,?00 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,400 cash for two weeks' salaries earned by employees El April 24 The company collected $13,000 cash for commissions revenue. _ April 28 The company paid $1,400 cash for two weeks' salaries earned by employees. EBODk April 29 The company paid $300 cash for minor repairs to computer equipment. April 30 The company paid $1,400 cash for this month's telephone bill. April 30 The company paid $1,600 cash in dividends. Print The company's chart of accounts follows: E 101 Cash 403 Commissions Revenue References 106 Accounts Receivable 612 Depreciation ExpenseComputer Equipment 124 Office Supplies 622 Salaries Expense 123 Prepaid Insurance 637 Insurance Expense 167 Computer Equipment 640 Rent Expense 163 Accumulated DepreciationComputer Equipment 650 Office Supplies Expense 209 Salaries Payable 634 Repairs Expense 307 Common Stock 633 Telephone Expense 313 Retained Earnings 901 Income Summary 319 Dividends Use the following information to prepare adjusting entries: a. Prepaid insurance of$i50 expired this month. b. At the end ofthe month, $400 of office supplies are still available. c. This month's depreciation on computer equipment is $400. d. Employees earned $360 of unpaid and unrecorded salaries as of monthend. e. The company earned $2.350 ofcommissions revenue that is not yet recorded at monthend. \f\f\f\fView transaction list Journal entry worksheet The company,r paid $2,?00 cash for a 12-month insurance policy. Coverage begins on April 11. Note: Enter debits before credits. Clear entry View general journal View IIansaetion list Journal entry worksheet The company paid $1,400 cash for two weeks' salaries. earned by employees. Note: Enter debits before credits. Clear entry View general journal \fVIEW Innsaction list Journal entryI worksheet ( 1 2 3 4 5 e T e e 10 > The company paid $1,400 cash for two weeke' salaries earned by employees. Note: Enter debits before credits. Clear entry View general journal View transaction list Journal entry worksheet ( 1 2 3 4 5 e r e e m The company.r paid $300 cash for minor repairs to computer equipment. Note: Enter debits before credits. lClear entry flew general journal 1il'lew transaction list Journal entry worksheet ( 1 2 3 4 5 5 T a e m > The company paid $1,400 cash for this month's telephone bill. Note: Enter debits before credits. Clear entry View general journal View transaction list Journal entry worksheet ( 1 2 s 4 s e T e e m > The company paid $1,600 cash in dividends. Note: Enter debits before credits. Clear entry View general journal \f\f\f\fView transaction list Journal entry worksheet Employees earned $350 of unpaid and unrecorded salaries as of month-end. Record the required adjusting entry, if any. Note: Enter debits before credits. Clear entry View general journal View Iransaotion list Journal entry worksheet The CDITIpEIr'I'y" earned 52,350 of commissions revenue that is not yet recorded at month-end. Record the required adjusting entry, if any. Note: Enter debits before oredits. Clear entry View general journal \f\f\f\fView transaction list Journal entry worksheet Record the entry.r to close the revenue accounte). Note: Enter debits before credits. Clear entry View general journal \fJournal entry worksheet Record the entry to close the income Summary. Note: Enter debits before credits. Clear e ntry View general journal \f\f\f\f\f\f