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Apri1 2 Nozoni Invested $32,090 cash and computer equipment worth $35,090 in the company. April 3 The company rented furnished office space by paying 53,000 cash for the first nonth's (Aprt1) rent. Apri1 4 The company purchased $1,400 of of fice supplies for cash. April 10 The company paid $2,700 cash for a 12 -month insurance policy. Coverage begins on April 11. April 14 The company paid $1,200 cash for two weeks' salaries earned by enployees. April 24 The company collected $8,e00 cash for conilssions revenue. April 28 The company paid $1,200 cash for two weeks' salaries earned by employees. Apr11 29 The company pald $400 cash for minor repairs to computer equipment. Apr11 30 The company pald $950 cash for this month's telephone bill. Aprli 30 Nozoml withdrew $2,109 cash from the company for personel use. The company's chart of accounts follows: Use the following information to prepare adjusting entries: a. Prepaid insurance of $150 expired this month. b. At the end of the month, $700 of office supplies are still available. c. This month's depreciation on computer equipment is $400 d. Employees earned $390 of unpaid and unrecorded salaries as of month-end. e. The company earned $1,550 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 Req 68 GL tab. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unad, usted trial balance as of April 30 . 4. Joumalize the adjusting entries for the month, and ther post to the ledger on Req 6B tab, using April 30 Adjusted as the date 5a. Using adjusted account balances from Req 6BGL tab, prepare an adjusted trial balance as of Apri 30 . 5b. Prepare the income statement for the month of April 30 5c. Prepare the statement of owner's equity for the month of Aprt 30. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ ADVENTURE TRAVEL } \\ \hline \multicolumn{3}{|c|}{ Statement of Owner's Equity } \\ \hline \multicolumn{3}{|c|}{ For Month Ended April 30} \\ \hline J. Nozomi, Capital, April 1 & & 0 \\ \hline Add: Net income & 1,160 & \\ \hline Add: Investments by owner & 35,000 & 36,160 \\ \hline Less: Withdrawals by owner & & 2,1000 \\ \hline J. Nozomi, Capital, April 30 & & 34,060 \\ \hline \end{tabular} Prepare the balance sheet at April 30. Record the entry to close income summary. Note: Enter debits before credits. Record the entry to close the withdrawals account. Note: Enter debits before credits

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