I have done everything else however, please could you help me with highlighted area not sure what they mean ?

thank you

Answer all questions in sections A1, A2 and B Section A1 As a new team within the Financial Accounting department at Jennifer Ltd, the CFO has asked you prepare a report for the next board meeting. On April 1, 2019, Jennifer Stafford created a new travel agency, See-It-Now Travel. The following transactions occurred during the company's first month. Stafford invested $20,000 cash and computer equipment worth $40,000 in the April 1 company. 2 The company rented furnished office space by paying $1,700 cash for the first month's (April) rent. 3 The company purchased $1,100 of office supplies for cash. 10 The company paid $3,600 cash for the premium on a 12-month insurance policy. Coverage begins on April 19. 14 The company paid $1,800 cash for two weeks' salaries earned by employees. 24 The company collected $7,900 cash on commissions from airlines on tickets obtained for customers. 28 The company paid $1,800 cash for two weeks' salaries earned by employees. The company paid $250 cash for minor repairs to the company's computer. The company paid $650 cash for this month's telephone bill. 30 29 30 Stafford withdrew $1,500 cash from the company for personal use. The report should: . Advise the management of See-It-now Ltd on how the company will deal the requirements in Section (AI). 1. Prepare journal entries to record the transactions for April and post them to the ledger accounts. (5 marks) (5 marks) 2. Prepare an unadjusted trial balance as of April 30. 3. Use the following information to journalize and post adjusting entries for the month: a) Two-thirds of one month's insurance coverage has expired. b) At the end of the month, $700 of office supplies are still available. c) This month's depreciation on the computer equipment is $600. d) Employees earned $320 of unpaid and unrecorded salaries as of month-end.(1 marks) e) The company earned $1,650 of commissions that are not yet billed at month-end.(1 mark) 4. Prepare the income statement and the statement of owner's equity for the month of April and the (1 marks) (1 marks) (1marks) (15marks) balance sheet at April 30, 2019. TOTAL (30 marks)