At the end of 2022, the following information is available for Great Adventures. Additional interest for five months needs to be accrued on the $30,600, 6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31. Assume that $10,600 of the $30,600 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 $25,600 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 $12,600. 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 $4,600. 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.) Requirement View transaction list View journal entry worksheet No Date General Journal 1 Dec 31 Interest Expense Interest Payable 2 2 Dec 31 No Journal Entry Required 3 Dec 31 Deferred Revenue Sales Revenue Debit Credit 765 765 20,000 20,000 4 Dec 31 Service Fee Expense 12,600 12,600 5 Dec 31 Warranty Expense 4,600 Warranty Liability 4,600 6 Dec 31 Sales Revenue 20,000 20,000 7 Dec 31 Service Revenue 17,965 Interest Expense 765 Service Fee Expense Warranty Expense 12,600 4,600 < Requirement General Ledger >