Question: This is all one for question 1, please help me fill in the blanks, thank you so much!! On April 1, Jiro Nozomi created a





























On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 2 Nozomi invested $45,000 cash and computer equipment worth $40,000 in the company in exchange for its common stock. April 3 The company rented furnished office space by paying $1,700 cash for the first month's (April) rent. April 4 The company purchased $1,400 of office supplies for cash.. April 10 The company paid $2,880 cash for a 12-month insurance policy. Coverage begins on April 11. April 14 The company paid $1,500 cash for two weeks' salaries earned by employees. April 24 The company collected $12,000 cash for commissions revenue. April 28 The company paid $1,500 cash for two weeks' salaries earned by employees. April 29 The company paid $400 cash for minor repairs to computer equipment. April 30 The company paid $1,500 cash for this month's telephone bill. April 30 The company paid $1,550 cash in dividends. The company's chart of accounts follows: 101 Cash: 106 Accounts Receivable. 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 168 Accumulated Depreciation-Computer Equipment 209 Salaries Payable 307 Common Stock. 318 Retained Earnings 319 Dividends 403 Commissions Revenue 612 Depreciation Expense-Computer Equipment 622 Salaries Expense 637 Insurance Expense 640 Rent Expense 650 Office Supplies Expense 684 Repairs Expense 688 Telephone Expense 901 Income Summary Use the following information to prepare adjusting entries: a. Prepaid insurance of $160 expired this month. b. At the end of the month, $500 of office supplies are still available. c. This month's depreciation on computer equipment is $400. d. Employees earned $420 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,450 of commissions revenue that is not yet recorded at month-end. Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 6B GL tab. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 68 GL tab, prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting entries for the month, and then post to the ledger on Requirement 68 GL tab, using April 30 Adjusted as the date.. Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to ledger accounts in Requirement 6B GL tab. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6B GL tab, prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting entries for the month, and then post to the ledger on Requirement 68 GL tab, using April 30 Adjusted as the date. Sa. Using adjusted account balances from Requirement 6B GL tab, prepare an adjusted trial balance as of April 30. 5b. Prepare the income statement for the month of April 30. 5c. Prepare the statement of retained earnings for the month of April 30. 5d. Prepare the balance sheet at April 30. 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 68 GL tab, using April 30 Close as the date. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance. Journal entry worksheet Journal entry worksheet Journal entry worksheet > Journal entry worksheet View transaction list Journal entry worksheet Journal entry worksheet Journal entry worksheet Journal entry worksheet 0 View transaction list Journal entry worksheet Journal entry worksheet Journal entry worksheet > Journal entry worksheet Journal entry worksheet 0 es Req 1 and 2 Revenues: Expenses: Req 3 Total expenses Req 4 Prepare the income statement for the month of April 30. ADVENTURE TRAVEL Income Statement For Month Ended April 30 Req 5A Req 5B Req 6. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 5A Prepare the statement of retained earnings for the month of April 30. ADVENTURE TRAVEL Statement of Retained Earnings For Month Ended April 30 Retained earnings, April 1 Retained earnings, April 30 Req 4 Req 5B $ 0 0 0 Req 5C Req 6A Req 6 es Prepare the balance sheet at April 30. Total assets Total equity Total liabilities and equity ADVENTURE TRAVEL Balance Sheet April 30 Journal entry worksheet 2 Journal entry worksheet Post the journal entries to the ledger. (Select April 30 Adjusted as date for all adjusting entries, and April 30 Close as date for all closing entries.) General Ledger accounts Dato Date Date 101: Cash Debit Credit 124: Office Supplies Debit Credit 167: Computer Equipment Debit Credit 209: Salaries Payable Balance Balance Balance Date Date 106: Accounts Receivable Debit Credit Bata 128: Prepaid Insurance Debit Credit Debit 166: Accumulated Depreciation-Computer Equipment. Date Credit 307: Common Stock nahit Balance Credit Balance Balance Balanca Date Date Date Date Date 209: Salaries Payable Debit Credit 318: Retained Earnings Debit Credit 403: Commissions Revenue Debit Credit 622: Salaries Expense Debit Credit 640: Rent Expense Debit Credit Balance Balance Balance Balance Balance Date Date Date 307: Common Stock Debit Date 319: Dividends Debit Credit Debit Credit 612: Depreciation Expense-Computer Equipment Date Credit 637: Insurance Expense Debit Credit Balance 650: Office Supplies Expense Debit Credit Balance Balance Balance Balance Date Date Date 640: Rent Expense Debit Credit 684: Repairs Expense Debit Credit 901: Income Summary Debit Credit Balance Balance Balance Balance Balance tes Prepare a post-closing trial balance. Totals ADVENTURE TRAVEL Post-Closing Trial Balance April 30 Account Title Debit
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