Problem 3-6A Applying the accounting cycle LO P1, P2, P3, P4, P5

It says my answer is incomplete, what am I missing???

6 Problem 3-6A Applying the accounting cycle LO P1, P2, P3, P4, P5 5 On April 1, 2017, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apeli Mozon invented $20,000 cash and computer equipment worth $20,000 in the company in exchange for common stock. 2 The company rented furnished office space by paying $1,800 cash for the first month'. (April) rent. 3 The company purchased $1,000 of office supplies for cash. 10 The company paid $2,400 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,600 cash for two weeks' salaries carned by employees. 24 The company collected $8,000 cash on commissions fron airlines on tickets obtained for customers. 20 The company paid $1,600 cash for two weeks' salaries earned by employees. 29 The company paid $350 cash for minor repairs to the company's computer. 30 The company paid $750 cash for this month's telephone bill. 30 The company paid $1,500 cash in dividende. The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 office supplies 128 Prepaid Insurance 167 Computer Ruinent 168 Accumulated Depreciation Computer Equip. 209 salaries Payable 307 Common Stock 318 Retained Earnings 319 Dividends 405 Commissions Earned 612 Depreciation Expense-Computer Equip. 622 salaries Expense 637 Insurance Expense 640 Rent Expense 650 office supplies txpense 684 Repairs Expense 688 Telephone Expense 301 Income Sunary Use the following information: a. Two-thirds (or $133) of one month's Insurance coverage has expired. b. At the end of the month, $600 of office supplies are still available c. This month's depreciation on the computer equipment is $500 d. Employees earned $420 of unpaid and unrecorded salaries as of month-end. e. The company earned $1.750 of commissions that are not yet billed at month-end. Required: 1. & 2. Prepare Journal entries to record the transactions for April and post them to the ledger accounts in Requirement 66. The Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. 4. Journalize and post the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30, 2017 5b. Prepare the statement of retained earnings for the month of April 30, 2017 5c. Prepare the balance sheet at April 30, 2017 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. Answer is not complete Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 3 Reg 4 Adj Entries Req 4 Adj Trial Bal Reg 5A Req 58 Reg 5C Reg 6A Reg 6B GL Reg 6 Req 1 and 2 Req3 Req 4 Ad) Entries Reg 4 Adj Trial Bal Reg 5A Req SB Reg 5C Reg 6 Req 6B GL Reg 7 Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts. 5 points No Date April 01 General Journal Debit Credit 1 Cash Computer equipment Common Stock OOO 30.000 20,000 50.000 2 April 02 Rent expense 1.800 Cash 1,800 April 03 Office supplies Cash 1,000 1,000 4 April 10 Prepaid insurand Cash 2.400 o 2.400 5 April 14 Salaries expense Cash 1,600 oo 1,600 6 April 24 Cash Commissions comed 8,000 7 April 28 Salaries e ponte Cash : 1,600 1.600 8 April 29 Repairs expense Cash 350 350 9 Apr 30 750 Telephone expense Cash 750 6 Cash 1,800 3 April 03 1,000 Office supplies Cash 1,000 5 points 4 April 10 2.400 Prepaid insurance Cash 2,400 5 April 14 1,600 Salaries expense Cash 1,600 6 April 24 8,000 Cash Commissions eamed 8.000 7 April 28 1,600 Salaries expense Cash 1,600 B April 29 350 Repairs expense Cash 9 350 9 April 30 750 Telephone expense Cash oo 750 10 April 30 1,500 Dividends Cash 1,500 Complete this question by entering your answers in the tabs below. 5 points Reg 1 and 2 Reg 3 Rey 4 Ad) Entries Reg 4 Adj Trial Bal Reg SA ReqSB Reg SC Reg 6 Reg 6B GL Reg 7 Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30, Credit Debit 27,000 1,000 2,400 20,000 ADVENTURE TRAVEL Unadjusted Trial Balance April 30, 2017 Account Title 101: Cash 106: Accounts receivable 124. Office supplies 128: Prepaid insurance 167: Computer equipment 168. Accumulared depreciation - Computer equipment 209. Salaries payable 307: Common Stock 318: Retained earnings 319. Dividends 405 Commissions samed 612 Depreciation expense-Computer equipment 622: Saries expense 637: Insurance expense 640: Rent expense 650: Office supplies expense 684: Repairs expense 688: Telephone expense Total 50.000 1,500 8.000 3,200 1,800 350 750 50,000 50,000 6 7. Prepare a post-closing trial balance. Answer is not complete. 5 ports Complete this question by entering your answers in the tabs below. Reg 1 and 2 Reg 4 Ad Reg 4 Entries Trial Bal ReqSA Reas Regs Re Red 68 GL Req? Journalize the adjusting entries for the month, and then post to the ledger on Reg 68 tab. Using April 30 Adj. as the date. (Do not round intermediate calculations and round the final answer to nearest whole number.) No Transaction General Journal Credit De 133 1 Insurance expense Prepaid insurance 2 b 400 Once supplies expense l OO 3 Depreciation erpen Computer Accumulated depreciation Computer equip 90 500 4 d 420 Salaries are Salaries payable 420 5 Accounts receivate 1.750 Commissions comed 1.750 6 Complete this question by entering your answers in the tabs below. 5 Reg 1 and 2 Reg Req 4 Ads Reg 4 Entries Trial Bal Reg 50 Regs RA Req6B GL Reg 7 Using adjusted account balances from Requirement 6b, prepare an adjusted trial balance as of April 30. Credit $ Debit 27.000 1.750 500 2,267 20,000 ADVENTURE TRAVEL Adjusted Trial Balance April 30, 2017 Account Title 101: Cash 106 Accounts receivable 124 Ofice supplies 128. Prepaid insurance 167: Computer equipment 168 Accumulated depreciation Computer equipment 205 Saares payati 307. Common stock 318: Retained earings 319 Dividends 405: Commissions earned 612 Depreciation expense - Computer equipment 622 Salaries e pense 63T: Insurance expense 640: Rent expense 650: Office supplies expense 684: Repairs expense 688 Telephone expense 500 420 50,000 1,500 9.750 500 3.620 133 1.800 400 350 750 60,670 S $ 60.670 6 Answer is not complete. Complete this question by entering your answers in the tabs below. 5 Req 1 and 2 Req Red 4 Adj tres Red 4 Adj Trial al Rec SA Red 50 RS RAGA R 65 GL R Prepare the income statement for the month of April 30, 2017 9.750 ADVENTURE TRAVEL Income Statement For Menth Ended April 30, 2017 Revers Commissions samed Expenses Depreciation expense Computer equip. 500 Sans expense 3,620 Insurance pense 133 Rent expense 1100 Telephone expense 750 Office Supplies expense 400 Repairs expense 350 00 0 Total expenses Net income OOOOOOO 7.553 2.107 US Complete this question by entering your answers in the tabs below. Reg 3 Req 1 and 2 Req 4 Adj Entries Req 4 Adj Trial Bal Req 5A Req 5B Reg 5C Req 6A Re Req 6B GL Prepare the balance sheet at April 30, 2017 ADVENTURE TRAVEL Balance Sheet April 30, 2017 Assets $ 27,000 1,750 Cash Accounts receivable Office supplies Prepaid insurance Computer equipment OOOO 600 2,267 $ 20,000 Total assets 20,000 51,617 Liabilities Salaries payable $ 420 Equity Common Stock Retained earnings 50,000 697 0 Total equity Total liabilities and equity 50,697 51.117 $ Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Reg 4 Adi Entries Req 4 Adj Trial Bal Req5A Req 5B Reg 5C Req 6A Req 6B GL Reg 7 Prepare journal entries to close the temporary accounts and then post to Req 6B General Ledger, using April 30 Close as the date. No General Journal Debit Credit Date April 30 1 Commissions earned 9.750 Income summary lo 9,750 2 April 30 7,553 500 3,620 133 Income summary Depreciation expense-Computer equip. Salaries expense Insurance expense Rent expense Telephone expense Office supplies expense Repairs expense OOOOOOOO 1.800 750 400 350 3 April 30 2,197 Income summary Retained Earnings >$ 2,197 4 April 30 1,500 Retained Earnings Dividends 1,500 6 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. 5 points Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req3 Req 4 Adj Entries Req 4 Adj Trial Bai ReqSA Req 58 Reg 5C Reg 6A Reg 6B GL Reg 7 Prepare a post-closing trial balance. Credit ADVENTURE TRAVEL Post-Closing Trial Balance April 30, 2017 Account Title Cash $ Accounts receivable Office supplies Prepaid insurance Computer equipment Accumulated depreciation Computer equip Salarios payable Common Stock Retained Earnings Totals $ Debit 27,000 1,750 600 2,267 20,000 500 420 50,000 697 51,617 51,617 $