At the end of 2022, the following Information is available for Great Adventures. Additional Interest for five months needs to be accrued on the $32,600,6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31 Assume that $12,600 of the $32.600 loan discussed above is due next year. . By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27.600 during the year and recorded those as Deferred Revenue. . Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $14,600. For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $6,600. 60 Res Book Pent e02 Resnic Werences General Requirement Income Journal General Ledger Trial Balance Statement Balance Sheet Notice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The option you choose will be the values used to populate the income statement and balance sheet tabs. Unadjusted GREAT ADVENTURES, INC. Trial Balance Account Title Credit S Debit 89.460 52600 2,000 Cash Accounts Receivable Allowance for Uncollectible Accounts inventory Prepaid Insurance Equipment 9,000 1.100 02.020 M solutio Check my work cash 89400 52.000 2019 2.650 9,000 10 points 82.620 e02ch. Resnic 27.850 23.400 15,800 27.800 32.600 20 000 34750 45.800 120,000 e Accounts Receivable Allowance for Uncollectible Accounts Inventory Prepaid insurance Equipment Accumulated Depreciation Accounts Payable income Tax Payable Deferred Revenue Dos Payable (Long term) Common Stock Retained Earnings Service Revenue Sai Revenue Sales Discounts interest Revenue Cost of Goods Sold Depreciation Expense Supples Expense saris per Dead Del Expense Interest Expense Rent Expense income Tax Experise Insurance Expanse Repairs and Maintenance Expert Tocal e02cha Resnick 480 380 30.000 18,560 1,150 30,500 3,050 1,310 3.700 15.800 7.000 680 S 356. MOS 366.840 M solue At the end of 2022, the following Information is available for Great Adventures. Additional Interest for five months needs to be accrued on the $32,600,6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31 Assume that $12,600 of the $32.600 loan discussed above is due next year. . By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27.600 during the year and recorded those as Deferred Revenue. . Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $14,600. For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $6,600. 60 Res Book Pent e02 Resnic Werences General Requirement Income Journal General Ledger Trial Balance Statement Balance Sheet Notice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The option you choose will be the values used to populate the income statement and balance sheet tabs. Unadjusted GREAT ADVENTURES, INC. Trial Balance Account Title Credit S Debit 89.460 52600 2,000 Cash Accounts Receivable Allowance for Uncollectible Accounts inventory Prepaid Insurance Equipment 9,000 1.100 02.020 M solutio Check my work cash 89400 52.000 2019 2.650 9,000 10 points 82.620 e02ch. Resnic 27.850 23.400 15,800 27.800 32.600 20 000 34750 45.800 120,000 e Accounts Receivable Allowance for Uncollectible Accounts Inventory Prepaid insurance Equipment Accumulated Depreciation Accounts Payable income Tax Payable Deferred Revenue Dos Payable (Long term) Common Stock Retained Earnings Service Revenue Sai Revenue Sales Discounts interest Revenue Cost of Goods Sold Depreciation Expense Supples Expense saris per Dead Del Expense Interest Expense Rent Expense income Tax Experise Insurance Expanse Repairs and Maintenance Expert Tocal e02cha Resnick 480 380 30.000 18,560 1,150 30,500 3,050 1,310 3.700 15.800 7.000 680 S 356. MOS 366.840 M solue
