Performing the steps in the accounting cycle L02, 3, 4, 5, 6 CHECK FIGURES: 4. Loss = $1, 070; Total assets = $102, 100; 6. Post-closing trial balance = $104, 150 On June 1, 2017, Sam Near created a new travel agency called Tours-For-Less. These activities during the company's first month: The company's chart of accounts included these accounts: Required 1. Set up each of the listed accounts. 2. Prepare journal entries to record the transactions for June and post them to the accounts 3. Use the following information to journalize and post the adjustments for the month: a. Two-thirds of one month's insurance coverage was consumed. b. There were $1, 600 of office supplies on hand at the end of the month. c. Depreciation on the computer equipment was estimated to be $1, 650 and $400 on the furniture. d. The assistant had earned $320 of unpaid and unrecorded salary. e. The company had earned 3, 500 of commissions that had not yet been 4. Prepare an income statement, a statement of changes in equity, and a classified balance sheet. 5. Prepare journal entries to close the temporary account and post them to the accounts. 6. Prepare a post-closing trial balance Performing the steps in the accounting cycle L02, 3, 4, 5, 6 CHECK FIGURES: 4. Loss = $1, 070; Total assets = $102, 100; 6. Post-closing trial balance = $104, 150 On June 1, 2017, Sam Near created a new travel agency called Tours-For-Less. These activities during the company's first month: The company's chart of accounts included these accounts: Required 1. Set up each of the listed accounts. 2. Prepare journal entries to record the transactions for June and post them to the accounts 3. Use the following information to journalize and post the adjustments for the month: a. Two-thirds of one month's insurance coverage was consumed. b. There were $1, 600 of office supplies on hand at the end of the month. c. Depreciation on the computer equipment was estimated to be $1, 650 and $400 on the furniture. d. The assistant had earned $320 of unpaid and unrecorded salary. e. The company had earned 3, 500 of commissions that had not yet been 4. Prepare an income statement, a statement of changes in equity, and a classified balance sheet. 5. Prepare journal entries to close the temporary account and post them to the accounts. 6. Prepare a post-closing trial balance