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I completed most of it. Im just stuck on the closing entries, some of the general ledger accounts, and the post-closing trial balance. Everything that is wrong is marked with a red "X"

LO On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company's first month. 25 points April 2 Nozomi invested $44,000 cash and computer equipment worth $20,000 in the company in exchange for its common stock, April 3 The company rented furnished office space by paying $2,100 cash for the first month's (April) rent. April 4 The company purchased $1,800 of office supplies for cash April 10 The company paid $2,520 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 employees April 24 The company collected $11,500 cash for comissions revenue April 28 The company paid $1,200 cash for two weeks' salaries earned by employees April 29 The company paid $450 cash for minor repairs to computer equipment April 30 The company paid $850 cash for this month's telephone bill. April 30 The company paid $1,510 cash in dividends The company's chart of accounts follows 101 Cash 106 Accounts Receivable 124 Office Supplies 128 Prepaid Insurance 167 Computer Equipment 161 Accumulated Depreciation Computer Equipment 20) Salaries Payable 307 Como 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 Smary 5 319 Dividends 25 points Use the following information to prepare adjusting entries: a. Prepaid insurance of $140 expired this month. b. At the end of the month, $800 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 $2,150 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 GB 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 6B GL tab, using April 30 Adjusted as the date. 5o. Using adjusted account balances from Requirement 68 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. 60. Prepare journal entries to close the temporary accounts and then post to Requirement GB GL tab, using April 30 Close as the date. 6b. Post the journal entries to the ledger 7. Prepare a post-closing trial balance, 5 No Date General Journal Credit 1 April 02 Cash Computer equipment Common stock Debit 44000 20 000 5 oints 64,000 2 April 03 Rent expense 2.100 > Cash 2,100 3 Apr 04 Office supplies Cash 1,800 > 1.800 4 April 10 Prepaid insurance Cush 2,520 3 > 2,520 5 April 14 Salanes expense 1,200 o Cash 1,200 6 April 24 Cash Commissions rovence 11,500 11.500 o 7 April 28 Salaries expense Cash 1,200 1,200 5 5 April 14 Salaries expense Cash 1,200 1.200 25 Doints 6 April 24 Cash Commissions revenue 11,500 >> 11,500 7 April 28 Salanes expense 1,200 Cash 1,200 > 8 April 29 Ropars expense Cash O 450 450 > April 30 Tophone expense 850 > Cash 850 10 April 30 Dividends Cash 1,510 1,510 Req3 > 5 Unadjusted Trial Balance April 30 Account Title Credit Debit 43,870 $ 5 oints 0 0 3 1,800 2,520 20,000 0 0 0 0 64,000 101 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 Totals 1,510 > 11,500 0 0 O OC 2,400 + 0 o > 2,100 0 0 > 450 850 75,500 $ $ 75,500 AC 07 and 2 Reg 3 Reg 4 Reg 5 Reg 5B Reg SC Reg SD Reg 6A Reg 6B GL Reg talize the adjusting entries for the month, and then post to the ledger on Requirement 6B GL tab, using April 30 Adjusted e date. (Do not round Intermediate calculations and round the final answers to nearest whole number 5 sints Transaction General Journal Credit Insurance expense Prepaid insurance Debit 140 140 b Office supplies expense Office Supplies 1 000 1 000 c Depreciation expense Computer equipment Accumulated depreciation Computer equipment 400 400 d Salones expense Salanes poble 420 420 Accounts receivable Commissions revenue 2.150 2.150 5 Adjusted Trial Balance April 30 Account Title Debit Credit 25 points 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 43,870 2,150 800 2,380 20,000 400 420 64,000 0 1,510 13,650 403 Commissions revenue 612 Depreciation expense--Computer equipment 622 Salanes expense 637 Insurance expense 640 Rent expense 650 Office supplies expense 684 Repairs expense 688 Telephone expense Totals 400 2,820 140 2.100 1,000 450 850 78,470 78,470 Req 1 and 2 Reg 3 Req 4 Reg 5A Req 5B Req 5C Req 5D Prepare the income statement for the month of April 30. ADVENTURE TRAVEL Income Statement For Month Ended April 30 Revenues Commissions revenue $ 13,650 400 2,820 140 Expenses Depreciation expense--Computer equipment Salaries expense Insurance expense Rent expense Office supplies expense Repairs expense Telephone expense 2,100 1,000 450 850 Total expenses Net income 7,760 5,890 $ Check my work mode : This shows what is correct or incorrect fc 5 Answer is not complete. Complete this question by entering your answers in the tabs below. 25 points Req 1 and 2 Reg 3 Req 4 Req 5A Req 5B Req 5C Req 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 $ Add: Net income 0 Less Dividends Retained earnings, April 30 5.890 5,890 1,510 4,380 $ L Prepare the balance sheet at April 30. 25 points $ O ADVENTURE TRAVEL Balance Sheet April 30 Assets Cash Accounts receivable Office supplies Prepaid insurance Computer equipment Accumulated depreciation --Computer equipment Total assets Liabilities Salaries payable Equity Common stock Retained earnings OOOOOO 43,870 2.150 800 2,380 20,000 (400) 19,600 68,800 IS $ >> 420 > >> 64,000 4,380 Total equity Total liabilities and equity 68,380 68 800 $ Date General Journal Debit Credit April 30 13,650 Commissions revenue Income Summary o 13,050 Apr 30 7,760 400 Income summary Depreciation expense Computer equipment Salaries expense Insurance expense Rent expense Office supplies expense Repairs expense Telephone expense OOOOOO 5 2.820 140 2.100 1.000 450 850 OOOOOC April 30 4380 Income summary Retained earnings 4,3003 April 30 O 1510 Retained earnings Dividends 1,510 5 25 paints 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 101: Cash 106: Accounts Receivable Date Debit Credit Balance Date Debit Credit Balance April 2 44,000 44.000 April 30 Adjusted 2.150 2150 April 3 2.100 41.900 April 1 800 40,100 Apni 10 2520 37 580 Apel 14 1.200 36 300 April 24 11,500 47.880 April 28 1 200 45 650 April 20 450 46,230 April 30 1510 44.720 OOOOOOOOO 124: Office Supplies Debit Credit 1,800 1.000 April April 30 Adjusted oo Balance 1.800 800 Date A10 Ant 30 Adjustod 128: Prepaid Insurance Debit Credit 2520 140 Balance 2520 2380 5 Date 124: Office Supplies Debit Credit 1.800 1.000 April 4 April 30 Adrusted Balance 1.800 800 Date April 10 128: Prepaid Insurance Debit Credit 2.520 140 >> Balance 2,520 2,380 9 April 30 Adjusted Date 167: Computer Equipment Debit Credit 20.000 168: Accumulated Depreciation-Computer Equipment Credit Balance Anni 30 Adjusted 400 Date Debit Balance 20.000 April 2 400 209: Salaries Payable Debit Credit Date April 30 Adjusted Balance 420 Date Apni 2 307. Common Stock Debit Credit 64 000 420 Balance 64.000 5 Date April 30 Close April 30 Close 318: Retained Earnings Debit Credit 4380 1.510 Balance 4380 2870 Dale April 30 Apnt 30 Close 319: Dividends Debit Credit 1510 1510 OO Balance T 510 0 25 points Date Date April 24 April 30 Adjusted April 30 Close 403: Commissions Revenue Debit Credit 11,500 2.150 13,650 los Balance 11 500 13.650 0 612 Depreciation Expense-Computer Equipment Debit Credit Balance April 30 Adusted 400 400 Apnt 30 Close 100 0 00 Date April 14 April 28 April 30 Adjusted April 30 Close 622: Salaries Expense Debit Credit 1.200 1.200 420 2620 Balance 1.200 2.400 2820 0 Date And Adjusted Apr 30 Close 637: Insurance Expense Debit Credit $ 140 140 Balance 140 0 OOO 5 640: Rent Expense Debit Credit Date 660: Office Supplies Expense Debit Credit 1000 1000 Balance 2,100 0 Aprd 3 Apr 30 Close 2100 Date Apni 30 Adjusted April 30 Close Balance 1,000 0 25 points 2.100 Date April 29 April 30 Close 684: Repairs Expense Debit Credit 450 Balance 450 688: Telephone Expense Debit Credit 350 oo > Date Ant30 Ani 30 Close . Balance 850 0 0 50 Date Apr 30 Close Apni 30 Close Ant 30 Close SOO 901: Income Summary Debit Credit 13.650 7.750 4.300 Balance 13650 5.890 1,510 5 Req 1 and 2 Reg 3 Reg 4 Req 5A Req 5B Req 5C Req 5D Req 6A Prepare a post-closing trial balance. ats Debit Credit ADVENTURE TRAVEL Post-Closing Trial Balance April 30 Account Title Cash $ Accounts receivable Office supplies Prepaid insurance Computer equipment Accumulated depreciation Computer equipment Salaries payable Common stock Retained earnings Income summary Totals $ 44,720 2,150 800 2,380 20,000 400 420 64,000 2,870 1,510 67.690 x 70,050 $

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