Question: Problem 3-6A Applying the accounting cycle LO P1, P2, P3, P4, P5 [The following information applies to the questions displayed below.] On April 1, 2015,
Problem 3-6A Applying the accounting cycle LO P1, P2, P3, P4, P5 [The following information applies to the questions displayed below.] On April 1, 2015, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the companys first month. April 1 Nozomi invested $30,000 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's (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 earned by employees. 24 The company collected $8,000 cash on commissions from airlines on tickets obtained for customers. 28 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 dividends. The company's chart of accounts follows: 101 Cash 405 Commissions Earned 106 Accounts Receivable 612 Depreciation ExpenseComputer Equip. 124 Office Supplies 622 Salaries Expense 128 Prepaid Insurance 637 Insurance Expense 167 Computer Equipment 640 Rent Expense 168 Accumulated DepreciationComputer Equip. 650 Office Supplies Expense 209 Salaries Payable 684 Repairs Expense 307 Common Stock 688 Telephone Expense 318 Retained Earnings 901 Income Summary 319 Dividends Use the following information in Part 4: a. Two-thirds (or $133) of one months insurance coverage has expired. b. At the end of the month, $600 of office supplies are still available. c. This months 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.

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need help with the trial balances and financial statements
Problem 3-6A Applying the accounting cycle LO P1, P2, P3, P4, P5 The following Information apples to the questions displayed below.] On Aprll 1, 2015, Jlro Nozoml created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozoml Invested $30,000 cash and computer equipment worth $20,000 In the company In exchange for common stock. 2 The company rented furnished office space by paylng $1,800 cash for the first month's (Aprll) rent. 3 The company purchased $1,000 of office suppliles for cash. 10 The company pald $2,400 cash for the premium on a 12-month Insurance policy. Coverage begins on April 11 14 The company pald $1,600 cash for two weeks' salarles earned by employees 24 The company collected $8,000 cash on commisslons from airlines on tickets obtalned for customers. 28 The company pald $1,600 cash for two weeks' salarles earned by employees 29 The company pald $350 cash for minor repalrs to the company's computer. 30 The company pald $750 cash for this month's telephone bill. 30 The company pald $1,500 cash In dividends. The company's chart of accounts follows 101 Cash 106 Accounts Recelvable 124 Office Supplies 128 Prepald Insurance 167 Computer Equlpment 168 Accumulated Depreclation-Computer Equip 209 Salaries Payable 307 Common Stock 318 Retained Earnings 319 DIvidends 405 Commisslons Earned 612 Depreclation Expense-Computer Equip 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplles Expense 684 Repalrs Expense 688 Telephone Expense 901 Income Summary
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