Adventures provides these services on account. Feb. 28 The Boy Scout troop pays the full amount owed, less the 4% quick-payment discount. Mar. 19 Reynold's Management has its employees participate in a one-day TEAM adventure. Great Adventures provides services on account for $3,482, and Reynold's agrees to pay within 30 days. Mar. 27 Reynold's pays the full amount owed, less the 4% Quick-payment discount. Apr. 7 Several men from the Elks Lodge decide to participate in a TEAM adventure. They pay $6,9ee, and the event is scheduled for the following week. Apr. 14 The TEAM adventure is held for members of the Elks Lodge. Apr. 30 Myers Manufacturing participates in a TEAM adventure. Great Adventures provides services on account for $48,8ee, and Myers agrees to pay within 30 days. May 31 Myers Manufacturing fails to pay the amount owed within the specified period and agrees to sign a three-month, 8% note receivable to replace the existing account receivable. Jun. 15 Several MBA groups participate in TEAM adventures. Great Adventures provides services on account for $21,eee to these groups, with payment due in July. Consider the following Information as of June 30, 2022. Suzle estimates uncollectible accounts to be 8% of accounts receivable (which does not include the $48.000 note receivable from Myers Manufacturing). Prepare the adjusting entry for uncollectible accounts. Accrue one month of Interest on the note receivable from Myers Manufacturing Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet 1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the General Journal' tab. 3. Review the adjusted Trial Balance' as of June 30, 2022, in the Trial Balance' tab. 4. Prepare an income statement for the period ended June 30, 2022, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of June 30, 2022 in the Balance Sheet' tab. 6. Record the closing entries in the 'General Journal" tab. Adventures provides these services on account. Feb. 28 The Boy Scout troop pays the full amount owed, less the 4% quick-payment discount. Mar. 19 Reynold's Management has its employees participate in a one-day TEAM adventure. Great Adventures provides services on account for $3,482, and Reynold's agrees to pay within 30 days. Mar. 27 Reynold's pays the full amount owed, less the 4% Quick-payment discount. Apr. 7 Several men from the Elks Lodge decide to participate in a TEAM adventure. They pay $6,9ee, and the event is scheduled for the following week. Apr. 14 The TEAM adventure is held for members of the Elks Lodge. Apr. 30 Myers Manufacturing participates in a TEAM adventure. Great Adventures provides services on account for $48,8ee, and Myers agrees to pay within 30 days. May 31 Myers Manufacturing fails to pay the amount owed within the specified period and agrees to sign a three-month, 8% note receivable to replace the existing account receivable. Jun. 15 Several MBA groups participate in TEAM adventures. Great Adventures provides services on account for $21,eee to these groups, with payment due in July. Consider the following Information as of June 30, 2022. Suzle estimates uncollectible accounts to be 8% of accounts receivable (which does not include the $48.000 note receivable from Myers Manufacturing). Prepare the adjusting entry for uncollectible accounts. Accrue one month of Interest on the note receivable from Myers Manufacturing Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet 1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the General Journal' tab. 3. Review the adjusted Trial Balance' as of June 30, 2022, in the Trial Balance' tab. 4. Prepare an income statement for the period ended June 30, 2022, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of June 30, 2022 in the Balance Sheet' tab. 6. Record the closing entries in the 'General Journal" tab
