On April 1, 2017, Jiro Nozomi created a new travel agency. Adventure Travel. The following transactions occurred during the following first month.
April 1 Nozomi invested $30,000 cash and computer equipment worth $20,000 in the company.
2. The company rented furnished office space by paying $1,800 cash for the first month 's (April) rent.
3. The company purchased $1,000 of office supplies for cash.
10. The company paid $2,400 cash for the premium on a 12-month insurance policy.Coverage begins on April; 11.
14. The company paid $1,600 cash for two weeks salaries earned by employees.
24. The company collected $8,000 cash on commissions from airlines on tickets obtained for customers.
28. The company paid $1,600 cash for two weeks salaries earned by employees.
29 The company paid $350 cash for minor repairs to the company's computer.
30 The company paid $750 cash for this month 's telephone bill.
30 Nozomi withdrew $1,500 cash from the company for personal use.