all i need is the general journal, income statement, and balance sheet
Tony and Suzie see the need for a rugged ast-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1, 2025 , for $15,800. They expect to use the Suburban for fre years and then sell the vehicle for $6,400. The following expenditures related to the vehicle were also made on-July 1, 2025: - The company pays $2,750 to GEICO for a one-year insurance pollicy, - The company spends an extra $6,800 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides. - An additional $2,950 is spent on a deluxe roof rack and a trailer hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures, In addition, on October 22,2025 , the company pays $2,300 for basic vehicle maintenance related to changing the oll, replacing the windshield wipers, rotating the tires, and inserting a new air filter. 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 odjusting entries in the 'General Journal' tab. 3. Revlew the adjusted Trial balance as of December 31,2025 , in the 'Tral Balance' tab. 4. Prepare an income statement for the period ended December 31, 2025, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of December 31,2025 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Joumal' tab. Journal entry worksheet Record the expenditures related to the vehicle on July 1,2025 . Note: The capitalized cost of the vehicle is recorded in the Equipment account. Note: Enter debits before credits. Journal entry worksheet 456 Record the expenditure related to vehicle maintenance on O'ctober 22,2025. Note: Enter debits before credits. Journal entry worksheet