Question: Problem 4-1A Applying the accounting cycle LO C1, C2, P2, P3 On April 1, 2017, Jiro Nozomi created first month. a new travel agency. Adventure
Problem 4-1A Applying the accounting cycle LO C1, C2, P2, P3 On April 1, 2017, Jiro Nozomi created first month. a new travel agency. Adventure Travel. The following transactions occurred during the company April 1 Nozomi invested $30,000 cash and conputer equipment worth $20,000 in the company 2 The company rented furnished office space by paying $1,800 cash for the first month'a (Apri1) 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 tvo weeks salaries earned by employees, 29 The company paid $350 cash for minor repairs to the companys computer. 30 The company paid $750 cash for this month's telephone bi11 30 Nozomi withdrew $1,500 cash from the company for personal use. The company's chart of accounts follows: 101 Cash 106 Accounts Receivable 124 office Suppliers 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equip650 office Supplies Expense 209 Salaries Payable 01 J.Nozoms, Capita 02 Nozomi, Withdravals 05 Conmissione Earned 612 Depreciation Expense-computer Equip 622 Salaries Expense 37 Inour ance Expense 640 Rent Expenae 684 Repairs Expense 688 zelephone Expene 0 Ineone Funnary Use the following information
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