can you please help me record the journal entries 1,2, and 3?

i split it io into 2 parts

Jel Required information Great Adventures Problem AP3-1 [The following information applies to the questions displayed below! Tony and Suzie graduate from college in May 2021 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, they'll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes course for outdoor enthusiasts. On July 1 2021. Tony and Suzie organize their new company as a corporation, Great Adventures Inc. The articles of incorporation state that the corporation will sell 30,000 shares of common stock for $1 each. Each share of stock represents a unit of ownership. Tony and Suzie will act as co-presidents of the company. The following transactions occur from July 1 through December 31 1 Sell $15,000 of common stock to fusie. 1 Sell $15,000 of common stock to Tony. Jul I Purchase a one-year insurance policy for 54,6805390 per month) to cover injuries to participants during outdoor clinica Jul. 2Pay legal fees of $1.600 sciated with incorporation Jul. Purchase office supplies of $1,700 cc. Jul. 7 Pay for advertising of $220 to a local newspaper for an upcoming mountain biking clinic to be held on July 15. Attendees will be charged $60 on the day of the elinie Jul. Parehase 10 mountain bikes, paying $19,200 cash Jl. 15 on the day of the elinie, Crest Adventures receives each of $4,200 ron 70 bikers. Tony conduct the mountain biking elinie Jul. 22 Decause of the recess of the first mountain biking cline, Tony holds another mountain biking elinie and the company receives 54,800. Jul. 24 Tay 1690 to a local radio station for advertising to appear Lediately. A kayaking line will be held on August 10, and attendees can pay $110 in advance or $160 on the day of the cline. ul. 30 Great Adventures receive cash of $5,500 in advance from 50 kayakere for the upcoming kayak elinie. As 1 Great Adventures obtain a $32,000 low-interest loan for the company from the city council, which has recently passed an initiative encouraging business development related to outdoor activities. The loan is due in three years, and annual interest is de each year on July The company parehases 14 kayake, paying $12,000 cash. No. 10 Twenty additional kayakers pay $3,200 $160 each), in addition to the $5,500 that was paid in advance on July 30, on the day of the elinie. Tony conducta the first kayak olinie. g. 17 Tony conduets second kayak elinie, and the company receives $11,000 cash Aug. 24 ottice supplies of $1.700 purchased on July are paid in full Lep 1 To provide better storage of mountain bikes and kayake when not in use, the company Testo shed for one year, paying $2,60 (5240 per month) in advance. sep. 21 Toby conducts & rock-climbing clinic. The company receives $13,300 cash. Oct. 17 Tony conducta en orienteering clinic. Participants practice how to understand a topographical map. read an altimeter, compass, and orient through heavily wooded areas. The company receive $19.600 cal Dec. 1 Tony decides to hold the company's flat adventure race on December 15. You-person team will race to checkpoint to checkpointing a combination of mountain bikin kayaking, orienteeris, trail running and re-ibig kills. The first team in each category to complete all checkpointed oder wise. The entry fee for each team 5540 Det 5 to help organize and promote the race, Tony hire his college roomate, Victor. Victor will be paid 150 talary for each tes that compete in the race walary will be paid atter the race. Den The company pay $1,000 to purchase permit to state park where the race will be held. The amount is recorded iscellas expense. Dec. 12 The company purchases racing supplies for $2.500 count due in Jo days supplier include trophies for the top-tinabing teams in each category, promotional shirt nack foodeed dricks for participants, and told markers to prepare the record Dec. 15 The company receives $21.500 cash from a total of forty team, and the received Dec. 16 The company pay Vietorsary of 12,000. Dec. 31 The company paye dividend of 5),500 (51.250 to Tony and $1,750 ton) Dec. 31 in his personale, Tony purchases and ring for $4.505. Tony prisus suete y propone that they got married tusi cepts and they get married The following information relates to year and adjusting entries as of December 31, 2021 Depreciation of the mountain bikes purchased on July and kayaks purchased on August 4 totais 57600 b. Six months of the one-year insurance policy purchased on July 1 has expired c. Four months of the one year rental agreement purchased on September 1 has expired d. or the 51700 of office supplies purchased on July 4, $310 remains e Interest expense on the $32,000 loan obtained from the city council on August 1 should be recorded of the $2.900 of racing supplies purchased on December 12, $300 remains Suzie calculates that the company owes $0,400 in income taxes View transaction list Journal entry worksheet Record the closing of revenue accounts. Note: Enter debits before credits Dato General Journal Debit Credit Dec 31, 2021 Record entry Clear entry View general journal 6. Record closing entries as of December 31, 2021. (If no entry is required for a transaction/event, select "No journ in the first account field.) Journal entry worksheet Record the closing of expense accounts. Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2021 View transaction list Journal entry worksheet