Any idea why it is not complete?

Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. The unadjusted, or post-closing balances will appear for each account, based on your selection. Post-closing Dates: Nov 05 to: Dec 31 Assets Current Assets: Cash Accounts Receivable Inventory GREAT ADVENTURES, INC. Balance Sheet December 31, 2022 Liabilities Current Liabilities: 335,114 Accounts Payable 53,600 Interest Payable 10,600 Income Tax Payable 0 Notes Payable (Current) 1,260 Contingent Liability 0 Warranty Liability 0 24,400 1,650 16,300 84,383 15,600 7,600 > > Prepaid Insurance OIOIO 0 0 0 0 Total Current Liabilities Notes Payable (Long-term) 0 0 400,574 149,933 807,695 0 957.628 Total Current Assets Long-term Assets: Land Buildings Equipment Accumulated Depreciation OIOIOIO 860,000 890,000 99,080 (28,850) 0 Total Liabilities Stockholders' Equity Common Stock Additional Paid-in Capital Retained Earnings Treasury Stock OUI 156,000 1,231,600 62,216 (198,000) 0 Total Stockholders' Equity Total Liabilities and Stockholders' Equity 1,251,816 $ 2,209,444 Total assets $ 2,220,804 Sales Revenue Service Revenue GREAT ADVENTURES, INC. Income Statement For the Period Ended December 31, 2022 $ 0 0 0 0 Net Sales 0 0 $ 0 Gross Profit Operating Expense 0 0 Depreciation Expense Warranty Expense 0 0 0 0 0 Supplies Expense Rent Expense Repairs and Maintenance Expense Insurance Expense Salaries Expense Total Operating Expenses Operating Income (Loss) olo 0 0 0 0 0 0 0 0 0 Interest Expense Income Before Income Taxes Income Tax Expense Net Income Post-closing Dates: Nov 05 to: Dec 31 GREAT ADVENTURES, INC. Trial Balance December 31, 2022 Account Title Debit Credit S 335,114 53,600 2,760 10,600 1,260 860,000 99,080 28,850 890,000 Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Prepaid Insurance Land Equipment Accumulated Depreciation Buildings Accounts Payable Interest Payable Income Tax Payable Deferred Revenue Notes Payable (Current) Notes Payable (Long-term) Contingent Liability Warranty Liability Common Stock Treasury Stock Additional Paid-in Capital Retained Earnings Cost of Goods Sold Total 24,400 1,650 16,300 8,600 84,383 807,695 15,600 7,600 156,000 198,000 1,231,600 62,216 40,300 2,487,954 S 2,447,654 Unadjusted to: Dec 30 Dates: Nov 05 GREAT ADVENTURES, INC. Trial Balance December 30, 2022 Account Title $ Credit $ Debit 335,114 53,600 2,760 10,600 1,260 860,000 99,080 28,850 890,000 Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Prepaid Insurance Land Equipment Accumulated Depreciation Buildings Accounts Payable Interest Payable Income Tax Payable Deferred Revenue Notes Payable (Current) Notes Payable (Long-term) Contingent Liability Warranty Liability Common Stock Treasury Stock Additional Paid-in Capital Retained Earnings Dividends Service Revenue Sales Revenue Sales Discounts 24,400 1,650 16,300 8,600 84,383 807,695 15,600 7,600 156,000 198,000 1,231,600 35,250 15,000 46,300 156,000 530 530 480 Sales Discounts Interest Revenue Cost of Goods Sold Depreciation Expense Supplies Expense Salaries Expense Bad Debt Expense Interest Expense Rent Expense Income Tax Expense Insurance Expense Repairs and Maintenance Expense Warranty Expense 'Loss Total 40,300 19,050 1,400 33,000 3,300 11,274 4,200 16,300 7,500 760 7,600 15,600 2,623,468 S S S 2,623,468 Sales Revenue Sales Discounts No. Debit Credit No. Debit Credit Date Nov 05 Balance 156,000 Date Nov 05 Balance 530 Interest Revenue Cost of Goods Sold Debit Credit No. Debit Credit No. Date Nov 05 Balance 480 Date Nov 05 Balance 40,300 Depreciation Expense Debit Credit Supplies Expense Debit Credit No. No. Date Nov 05 Balance 19,050 Date Nov 05 Balance 1,400 Salaries Expense Debit Credit Bad Debt Expense Debit Credit No. No. Date Nov 05 Balance 33,000 Date Nov 05 Balance 3,300 Interest Expense Debit Credit Rent Expense Debit No. No. Credit Date Nov 05 Balance 11,274 Date Nov 05 Balance 4,200 Income Tax Expense Debit Credit Insurance Expense Debit Credit No. No. Date Nov 05 Balance 16,300 Date Nov 05 Balance 7,500 Repairs and Maintenance Expense Date Debit Credit Nov 05 Warranty Expense Debit Credit No. No. Balance 760 Date Nov 05 Balance 7,600 Loss No. Date Debit Credit Balance 15 600 Nov 05 Deferred Revenue Dividends Payable Debit Credit No. No. Debit Credit Date Nov 05 Balance 8,600 Date Nov 05 Dec 01 Dec 20 Balance 0 15,000 0 + 4 15,000 1 5 15,000 Notes Payable (Current) Debit Credit Notes Payable (Long-term) Debit Credit No. Date No. Date Balance 84,383 Balance 807,695 Contingent Liability Debit Credit Warranty Liability Debit Credit No. No. Date Date Nov 05 Balance 15,600 Balance 7,600 Nov 05 Common Stock Debit Credit Treasury Stock Debit Credit No. Date No. Balance 20,000 156,000 Date Nov 05 Nov 16 Nov 24 Balance 0 448,800 198,000 2 1 Nov 05 136,000 2 tt 448,800 3 250,800 Additional Paid-in Capital Debit Credit Retained Earnings Debit Credit No. No. Date Nov 05 Balance 35,250 Date Nov 05 Nov 05 Nov 24 Balance 0 1,224,000 1,231,600 1 tt 1,224,000 7,600 3. Dividends Service Revenue Debit Credit No. Date Debit Credit Balance No. Date Nov 05 Balance 46,300 0 7 4 Dec 01 15,000 15,000 Unadjusted Dates: Nov 05 to: Dec 30 General Ledger Account Cash Debit Accounts Receivable Debit Credit No. Credit No. Date Nov 05 Balance 53,600 1,360,000 448,800 ttttt Date Nov 05 Nov 05 Nov 16 Nov 24 Dec 20 Dec 30 1 2 3 5 6 Balance 70,514 1,430,514 981,714 1,240, 114 1,225,114 335,114 258,400 15,000 890,000 Allowance for Uncollectible Accounts Date Debit Credit Nov 05 Inventory Debit No. No. Credit Balance 2,760 Date Nov 05 Balance 10,600 Prepaid Insurance Debit Credit Land Debit No. No. Credit Date Nov 05 Balance 1,260 Date Nov 05 Balance 860,000 Equipment Debit Accumulated Depreciation Debit Credit No. Credit No. Date Nov 05 Balance 99,080 Date Nov 05 Balance 28,850 Buildings Debit Accounts Payable Debit Credit No. Date Credit No. Balance 0 890,000 Date Nov 05 Balance 24,400 6 Dec 30 890,000 Interest Payable Debit Credit Income Tax Payable Debit Credit No. No. Date Nov 05 Balance 1,650 Date Nov 05 Balance 16,300 Great Adventures Problem AP10-1 (GL) Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2021, Tony and Suzie each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2022: November 5 Issue an additional 136,000 shares of common stock for $10 per share. November 16 Purchase 13,600 shares of its own common stock (i.e., treasury stock) for $33 per share. November 24 Resell 7,600 shares of treasury stock at $34 per share. December 1 Declare a cash dividend on its common stock of $15,000 ($0.10 per share) to all stockholders of record on December 15. December 20 Pay the cash dividend declared on December 1. Pay $890,000 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings December 31 account. Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Credit No 1 Date Nov 05 Debit 1,360,000 General Journal Cash Common Stock Additional Paid-in Capital 136,000 1,224,000 N 2 Nov 16 448,800 Treasury Stock Cash 448,800 3 Nov 24 258,400 Cash Treasury Stock Additional Paid-in Capital 250.800 7,600 4 Dec 01 15,000 Dividends Dividends Payable 15,000 5 Dec 20 15,000 Dividends Payable Cash 15,000 6 Dec 30 890,000 Buildings Cash 890,000 7 Dec 31 Service Revenue Sales Revenue Interest Revenue Retained Earnings Sales Discounts 46,300 156,000 480 202,250 530 Sales Discounts 530 8 Dec 31 160,284 Retained Earnings Depreciation Expense Supplies Expense Salaries Expense Bad Debt Expense Interest Expense Rent Expense Income Tax Expense Insurance Expense Repairs and Maintenance Expense Warranty Expense Loss 19,050 1,400 33,000 3,300 11,274 4,200 16,300 7,500 760 7,600 15,600 9 Dec 31 15,000 Retained Earnings Dividends 15,000