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On Aoml 1, Jiro Nozomi created a new travel agency. Adventure Travei. The following transactions occurred durting the company's first montr. Aprit 4 Norent Invested 34 , cest cash and conputenequifnent worth s2fithe in the conpany. 1 the corpany puechased 51,7e0 of office tupp1ids for cash. I4 the cotpany pald 31,2ee cant for, twa waeks' salarlat earnad by nirployeat. 23. The company pates sase cash for affor repales to the sebpony's corputer. 30.the company fisto st, sate cath for this nonth't tolophone blis, The company's chart of occounts follows. e. Tce company sampo 52230 of Use the rollowng iniormation: 4. Prepaid insurance of $167 has explred this month. b. At the end or the month, 5700 of office suppiles are still available. c. This montis's depreciation on the computer equpment is 5500 d. Employees earned $470 of unpard and unrecorded salates as of monthend e. The compsny earned 52:250 of commissions that are not yet billed at manth-end. Requirecl: 1.6.2. Prepare journal entries to rcord the transactions for April and post them to the ledger accountr in Requitement 60 The company recorcs prepald and uneamed items in bolonce sheet accounts. 3. Jising occount bsionces from Reculrement 60 , prepare an unedjusted tilal balance as of April 30. 4. Joumalize the acjusting entres for the month and prepsie the aojusted trial balance. 5a. Prepore the income stotement for the month of Apri 30 . 5b. Prepare tre statement of owners equty for the month of Aprt 30 . Se. Prepare the bitance sheet at April30 Ga. Prepse joumal entries to ciose the temporafy occounts and then post to Requitement 6b 6b. Poct the journol entries to the ledger. 7. Prepare a post-cioeing thai bol ynce. Complete this question by enkerind your answers in the tabs below. Journal entry worksheet On Aprit 1, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. 2. The company rented furnished office space by paytrg-52,260 cash for the first month"s (Apraf) reat. 1. The company purchased 51,700 of office supplies foe eash. 10 the conpany paid $3, eee cash for the premtut on a 12-month insurance polfcy. Coveraze begins de April it. 14 the conpany paid $1,208 tash for two weekt' todarfes earoed by employees. 24 the company collected 95 , wee cash for contisions earned. 30 the company pald 51 , sate cash for thit nonth' 1 , telaphone b111. Fiy hezors yatedrew 11, 60e cash from the company for personal use. The company's chart of accounte follows: Use the folowhing informotion? a. Prepald trisurasce of 5152 hos proved to b. At the enc of the mentis 5700 of arifer poptes are stir avelieble use the torowng intormation: a. Prepald insurance of $167 has explred this month. b. At the end of the month, $700 of office supplies are still avaslable. c. This month's depreciation on the computer equipment is 5500 . d. Employees earned $470 of unpaid and unrecorded salartes as of montitend. e. The company earned $2,250 of commissions that are not yet bilied ot month-end. Reculred: 1. \& 2. Prepare journal entries to rcord the transactions for April and post them to the ledger accounts in Requirement 6b. The company recorcs prepaid and unearned items in balance sheet accounts 3. Using occount balonces from Reculrement 6b. prepare an unedjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month and prepore the adjusted trial bolance 5a. Prepare the income stotement for the month of Apri 30. 56. Prepare the statement of owners equity for the month of Apei 30 . 5c. Prepare the bolonce theet at April 30 . 6. Prepore journal entries to close the 1empotary occounts ond then post to Requirement 60 6b. Post the joumal entries to the ledger. 7. Prepare a post-ciosing trial bothes Complete this question by entering yaur answers in the tabs below. Journal entry worksheet On Apalt1, Jitro Nozoms created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apri1 - 1 hozont inyested 143 , wee cash and corputen equiptent worth 525 goe in the conpany. 2. the coepany rented furnished office space by paying 12,100 cash for the first month's (Apeil) rent. 1 the company purchased 31,700 of office supplies foc cash. 14. The corpany pald 31,100 eash for two waekstisulariet earned by employeet. 44 the conpany collected 85,000 cash for comeitidons earned 16. The eoppany poid 51,500 cash for this wonth"t telephote bll1. (72) Nozont witbdrew $1,6 ed cash frow the conpany for pertonat wist. The company's chart of accounts follows: Use the following information? a. Prepald insurance of $167 has expirec this month b. At the end of the month. 5700 of office supples ore stili avaliable. c. This month's depreciation on the computer equipment is $500 d. Employees earned 5470 of unpard and unrecordep salarles os of monthend. e. The company edned $2,250 of commssons thot are not yet billed at month.end. Denirivanto use the torowng intormation: a. Prepald insurance of $167 has explred this month. b. At the end of the month, $700 of office supplies are still avaslable. c. This month's depreciation on the computer equipment is 5500 . d. Employees earned $470 of unpaid and unrecorded salartes as of montitend. e. The company earned $2,250 of commissions that are not yet bilied ot month-end. Reculred: 1. \& 2. Prepare journal entries to rcord the transactions for April and post them to the ledger accounts in Requirement 6b. The company recorcs prepaid and unearned items in balance sheet accounts 3. Using occount balonces from Reculrement 6b. prepare an unedjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month and prepore the adjusted trial bolance 5a. Prepare the income stotement for the month of Apri 30. 56. Prepare the statement of owners equity for the month of Apei 30 . 5c. Prepare the bolonce theet at April 30 . 6. Prepore journal entries to close the 1empotary occounts ond then post to Requirement 60 6b. Post the joumal entries to the ledger. 7. Prepare a post-ciosing trial bothes Complete this question by entering yaur answers in the tabs below. Journal entry worksheet On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $43,000 cash and computer equipment worth $25,000 in the company. 2 The company rented furnished office space by paying $2,100 cash for the first month's (April) rent. 3 The company purchased $1,700 of office supplies for cash. 10 The company paid $3,000 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,100 cash for two weeks " salaries earned by employees. 24 The company collected $8,000 cash for commissions earned. 28 The company paid $1,100 cash for two weeks' salaries earned by 29 The company paid $400 cash for minor repairs to the company's computer. 30 The company paid $1,500 cash for this month's telephone bill. 30 Nozomi withdrew $1,600 cash from the company for personal use. The company's chart of accounts follows: \begin{tabular}{|c|ll} \hline eBook & & \\ \hline \multirow{2}{*}{ Print } & & \\ References & 405 Commissions Earned \\ & 612 Depreciation Expense-Computer Eq \\ & 622 Salaries Expense \\ & 637 Insurance Expense \\ & 640 Rent Expense \\ & 650 Office Supplies Expense \\ & 684 Repairs Expense \\ & 688 Telephone Expense \\ & 901 Income Summary \end{tabular} a. Prepaid insurance of $167 has expired this month. b. At the end of the month, $700 of office supplies are still available. c. This month's depreciation on the computer equipment is $500. d. Employees earned $470 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,250 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 6 b. 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 the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30. 5b. Prepare the statement of owner's equity for the month of April 30. 5c. Prepare the balance sheet at April 30. 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. On Aoml 1, Jiro Nozomi created a new travel agency. Adventure Travei. The following transactions occurred durting the company's first montr. Aprit 4 Norent Invested 34 , cest cash and conputenequifnent worth s2fithe in the conpany. 1 the corpany puechased 51,7e0 of office tupp1ids for cash. I4 the cotpany pald 31,2ee cant for, twa waeks' salarlat earnad by nirployeat. 23. The company pates sase cash for affor repales to the sebpony's corputer. 30.the company fisto st, sate cath for this nonth't tolophone blis, The company's chart of occounts follows. e. Tce company sampo 52230 of Use the rollowng iniormation: 4. Prepaid insurance of $167 has explred this month. b. At the end or the month, 5700 of office suppiles are still available. c. This montis's depreciation on the computer equpment is 5500 d. Employees earned $470 of unpard and unrecorded salates as of monthend e. The compsny earned 52:250 of commissions that are not yet billed at manth-end. Requirecl: 1.6.2. Prepare journal entries to rcord the transactions for April and post them to the ledger accountr in Requitement 60 The company recorcs prepald and uneamed items in bolonce sheet accounts. 3. Jising occount bsionces from Reculrement 60 , prepare an unedjusted tilal balance as of April 30. 4. Joumalize the acjusting entres for the month and prepsie the aojusted trial balance. 5a. Prepore the income stotement for the month of Apri 30 . 5b. Prepare tre statement of owners equty for the month of Aprt 30 . Se. Prepare the bitance sheet at April30 Ga. Prepse joumal entries to ciose the temporafy occounts and then post to Requitement 6b 6b. Poct the journol entries to the ledger. 7. Prepare a post-cioeing thai bol ynce. Complete this question by enkerind your answers in the tabs below. Journal entry worksheet On Aprit 1, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. 2. The company rented furnished office space by paytrg-52,260 cash for the first month"s (Apraf) reat. 1. The company purchased 51,700 of office supplies foe eash. 10 the conpany paid $3, eee cash for the premtut on a 12-month insurance polfcy. Coveraze begins de April it. 14 the conpany paid $1,208 tash for two weekt' todarfes earoed by employees. 24 the company collected 95 , wee cash for contisions earned. 30 the company pald 51 , sate cash for thit nonth' 1 , telaphone b111. Fiy hezors yatedrew 11, 60e cash from the company for personal use. The company's chart of accounte follows: Use the folowhing informotion? a. Prepald trisurasce of 5152 hos proved to b. At the enc of the mentis 5700 of arifer poptes are stir avelieble use the torowng intormation: a. Prepald insurance of $167 has explred this month. b. At the end of the month, $700 of office supplies are still avaslable. c. This month's depreciation on the computer equipment is 5500 . d. Employees earned $470 of unpaid and unrecorded salartes as of montitend. e. The company earned $2,250 of commissions that are not yet bilied ot month-end. Reculred: 1. \& 2. Prepare journal entries to rcord the transactions for April and post them to the ledger accounts in Requirement 6b. The company recorcs prepaid and unearned items in balance sheet accounts 3. Using occount balonces from Reculrement 6b. prepare an unedjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month and prepore the adjusted trial bolance 5a. Prepare the income stotement for the month of Apri 30. 56. Prepare the statement of owners equity for the month of Apei 30 . 5c. Prepare the bolonce theet at April 30 . 6. Prepore journal entries to close the 1empotary occounts ond then post to Requirement 60 6b. Post the joumal entries to the ledger. 7. Prepare a post-ciosing trial bothes Complete this question by entering yaur answers in the tabs below. Journal entry worksheet On Apalt1, Jitro Nozoms created a new travel agency. Adventure Travel. The following transactions occurred during the company's first month. Apri1 - 1 hozont inyested 143 , wee cash and corputen equiptent worth 525 goe in the conpany. 2. the coepany rented furnished office space by paying 12,100 cash for the first month's (Apeil) rent. 1 the company purchased 31,700 of office supplies foc cash. 14. The corpany pald 31,100 eash for two waekstisulariet earned by employeet. 44 the conpany collected 85,000 cash for comeitidons earned 16. The eoppany poid 51,500 cash for this wonth"t telephote bll1. (72) Nozont witbdrew $1,6 ed cash frow the conpany for pertonat wist. The company's chart of accounts follows: Use the following information? a. Prepald insurance of $167 has expirec this month b. At the end of the month. 5700 of office supples ore stili avaliable. c. This month's depreciation on the computer equipment is $500 d. Employees earned 5470 of unpard and unrecordep salarles os of monthend. e. The company edned $2,250 of commssons thot are not yet billed at month.end. Denirivanto use the torowng intormation: a. Prepald insurance of $167 has explred this month. b. At the end of the month, $700 of office supplies are still avaslable. c. This month's depreciation on the computer equipment is 5500 . d. Employees earned $470 of unpaid and unrecorded salartes as of montitend. e. The company earned $2,250 of commissions that are not yet bilied ot month-end. Reculred: 1. \& 2. Prepare journal entries to rcord the transactions for April and post them to the ledger accounts in Requirement 6b. The company recorcs prepaid and unearned items in balance sheet accounts 3. Using occount balonces from Reculrement 6b. prepare an unedjusted trial balance as of April 30 . 4. Journalize the adjusting entries for the month and prepore the adjusted trial bolance 5a. Prepare the income stotement for the month of Apri 30. 56. Prepare the statement of owners equity for the month of Apei 30 . 5c. Prepare the bolonce theet at April 30 . 6. Prepore journal entries to close the 1empotary occounts ond then post to Requirement 60 6b. Post the joumal entries to the ledger. 7. Prepare a post-ciosing trial bothes Complete this question by entering yaur answers in the tabs below. Journal entry worksheet On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. April 1 Nozomi invested $43,000 cash and computer equipment worth $25,000 in the company. 2 The company rented furnished office space by paying $2,100 cash for the first month's (April) rent. 3 The company purchased $1,700 of office supplies for cash. 10 The company paid $3,000 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $1,100 cash for two weeks " salaries earned by employees. 24 The company collected $8,000 cash for commissions earned. 28 The company paid $1,100 cash for two weeks' salaries earned by 29 The company paid $400 cash for minor repairs to the company's computer. 30 The company paid $1,500 cash for this month's telephone bill. 30 Nozomi withdrew $1,600 cash from the company for personal use. The company's chart of accounts follows: \begin{tabular}{|c|ll} \hline eBook & & \\ \hline \multirow{2}{*}{ Print } & & \\ References & 405 Commissions Earned \\ & 612 Depreciation Expense-Computer Eq \\ & 622 Salaries Expense \\ & 637 Insurance Expense \\ & 640 Rent Expense \\ & 650 Office Supplies Expense \\ & 684 Repairs Expense \\ & 688 Telephone Expense \\ & 901 Income Summary \end{tabular} a. Prepaid insurance of $167 has expired this month. b. At the end of the month, $700 of office supplies are still available. c. This month's depreciation on the computer equipment is $500. d. Employees earned $470 of unpaid and unrecorded salaries as of month-end. e. The company earned $2,250 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 6 b. 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 the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30. 5b. Prepare the statement of owner's equity for the month of April 30. 5c. Prepare the balance sheet at April 30. 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