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At the end of 2025, the following information is avallable for Great Adventures. - Additional interest for five months needs to be accrued on the

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At the end of 2025, the following information is avallable for Great Adventures. - Additional interest for five months needs to be accrued on the \$32,800, 6\% note payable obtained on August 1, 2024. Recall that annual interest is paid each July 31. - Assume that $12,800 of the $32,800 note discussed above is due next year. Record the entry to reclassify the current portion of the long-term note. - By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27,800 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 $14,800. - 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 $6,800. Prepare a classified balance sheet as of December 31. 2025. Choose the appropriate accounts to complete the company's batance sheet The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. At the end of 2025, the following information is aveliable for Great Adventures. - Additional interest for flve months needs to be accused on the 532,800,6% nole poyable obtained on August 1, 2024. Recalt that monwal interest is pold each July 31 . - Assume that $12.800 of the $32,800 note dscussed above is due nent yeat. Record the entry to reclassilfy the currert portion of the langterm note. - By the end of the yesr, $20,000 in gitt cords have been redeemed. The company had sold gitt cards of $27,800 during the year and recorded those as Deferred Pevenue. - Great Activentures is a defendant in litigabon involving a biking accident during ane of ts adventure races. The company believes the theithood of payment occurring is probable, and the estimated amount to be pald is 514,800 . - For saies of MU watches, Great Adventures offers a warranty against defoct for one yoar. At the end of the year, the compary estimates tuture wamarity costs to be $6,800. Natice the dropdown below that gives the options to select the unadjusted, adjusted or ph clocing tral balance. The option vou choose wit be the values used to popudate the income statement and baiance sheet tats. At the end of 2025, the following information is avallable for Great Adventures. - Addltional interest for the months needs to be accrued on the \$32,800, 6% note payable obtained on August 1, 2024. Pecall that annual interest is poid oach July 3 L. Assume that $12,800 of the $32,800 note discussed above is due next year. Record the entry to reclassily the current portion of the lang.term note. By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gitt cards of $27,800 during the yoar and rocorded those as Deferrod Arvenue. Great Adventures is a defendant in litigation Involving a biking accident during one of its adventure races. The cornpany believes the itkelhood of payment occurring is probable, and the estimated amount to be paid is $14,800. - For sales of MJ watches, Great Adventures offers a warranty against defoct for one year. At the end of the year, the compary estimates future wairanty costs to be $6,800. Prepare a disslifed balance sheok as of December 31,2025 . Onoose the appropriate accounts to complate the campany's balance sheet. The unadfusted, adjusted, or post-closing balances will appear for each account, based on wour selection. At the end of 2025, the following information is avallable for Great Adventures. - Additional interest for five months needs to be accrued on the \$32,800, 6\% note payable obtained on August 1, 2024. Recall that annual interest is paid each July 31. - Assume that $12,800 of the $32,800 note discussed above is due next year. Record the entry to reclassify the current portion of the long-term note. - By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27,800 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 $14,800. - 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 $6,800. Prepare a classified balance sheet as of December 31. 2025. Choose the appropriate accounts to complete the company's batance sheet The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. At the end of 2025, the following information is aveliable for Great Adventures. - Additional interest for flve months needs to be accused on the 532,800,6% nole poyable obtained on August 1, 2024. Recalt that monwal interest is pold each July 31 . - Assume that $12.800 of the $32,800 note dscussed above is due nent yeat. Record the entry to reclassilfy the currert portion of the langterm note. - By the end of the yesr, $20,000 in gitt cords have been redeemed. The company had sold gitt cards of $27,800 during the year and recorded those as Deferred Pevenue. - Great Activentures is a defendant in litigabon involving a biking accident during ane of ts adventure races. The company believes the theithood of payment occurring is probable, and the estimated amount to be pald is 514,800 . - For saies of MU watches, Great Adventures offers a warranty against defoct for one yoar. At the end of the year, the compary estimates tuture wamarity costs to be $6,800. Natice the dropdown below that gives the options to select the unadjusted, adjusted or ph clocing tral balance. The option vou choose wit be the values used to popudate the income statement and baiance sheet tats. At the end of 2025, the following information is avallable for Great Adventures. - Addltional interest for the months needs to be accrued on the \$32,800, 6% note payable obtained on August 1, 2024. Pecall that annual interest is poid oach July 3 L. Assume that $12,800 of the $32,800 note discussed above is due next year. Record the entry to reclassily the current portion of the lang.term note. By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gitt cards of $27,800 during the yoar and rocorded those as Deferrod Arvenue. Great Adventures is a defendant in litigation Involving a biking accident during one of its adventure races. The cornpany believes the itkelhood of payment occurring is probable, and the estimated amount to be paid is $14,800. - For sales of MJ watches, Great Adventures offers a warranty against defoct for one year. At the end of the year, the compary estimates future wairanty costs to be $6,800. Prepare a disslifed balance sheok as of December 31,2025 . Onoose the appropriate accounts to complate the campany's balance sheet. The unadfusted, adjusted, or post-closing balances will appear for each account, based on wour selection

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