Question: please include work / equations On April 1 . Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's
please include workequations On April Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apri Nozomi invested $ cash and computer equipment worth $ in the conpany in exchange for connon stock. The company rented furnished office space by paying $ cash for the first month's Apri rent. The company purchased $ of office supplies for cash. The company paid $ cash for the premiun on a month insurance policy, Coverage begins on April The company paid $ cash for two weeks' salaries earned by eirployees. The company collected $ cash for comnissions earned. The company paid $ cash for two weeks' salaries earned by enployees. The company paid $ cash for minor repairs to the company's conputer. The company paid $ cash for this month"s telephone bil The coepany paid $ cash in dividends. The company's chart of accounts follows: Use the following information: a Prepaid insurance of $ has expired this month. b At the end of the month, $ of office supplies are still available. c This month's depreciation on the computer equipment is $ d Employees earned $ of unpaid and unrecorded salaries as of monthend. e The company earned $ of commissions that are not yet billed at monthend. rn ADVENTURE TRAVEL PostClosing Trial Balance April Account Title Credit
Use the following information to prepare adjusting entries:
Prepaid insurance of $ expired this month.
At the end of the month, $ of office supplies are still available.
This months depreciation on computer equipment is $
Employees earned $ of unpaid and unrecorded salaries as of monthend.
The company earned $ of commissions revenue that is not yet recorded at monthend.
Required:
& Prepare journal entries to record the transactions for April and post them to ledger accounts in Req B GL tab. The company records prepaid and unearned items in balance sheet accounts.
Using account balances from Requirement b prepare an unadjusted trial balance as of April
Journalize the adjusting entries for the month, and then post to the ledger on Req B tab, using April Adjusted as the date.
a Using adjusted account balances from Req B GL tab, prepare an adjusted trial balance as of April
b Prepare the income statement for the month of April
c Prepare the statement of owner's equity for the month of April
d Prepare the balance sheet at April
a Prepare journal entries to close the temporary accounts and then post to Req B GL tab, using April Close as the date.
b Post the journal entries to the ledger.
Prepare a postclosing trial balance.
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