e This shows what is 1 2 points 6 On April 1 Jiro Nozomi created a new travel agency Adventure Travel The following transactions

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e This shows what is 1 2 points 6 On April 1 Jiro Nozomi created a new travel agency Adventure Travel The following transactions occurred during the company s first month incorrect for the work you April 2 Nozomi invested 34 000 cash and computer equipment worth 35 000 in the company in exchange for its common stock April 3 The company rented furnished office space by paying 1 800 cash for the first month s April rent April 4 The company purchased 1 500 of office supplies for cash April 10 The company paid 1 980 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 13 500 cash for commissions revenue April 28 The company paid 1 200 cash for two weeks salaries earned by employees April 29 The company paid 350 cash for minor repairs to computer equipment April 30 The company paid 1 300 cash for this month s telephone bill April 30 The company paid 1 520 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 688 901 Telephone Expense Income Summary Return to qu

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