complete the journals 1-6

Great Adventures Problem AP9-1 (GL) Tony's favorite memories of his chidhood were the times he spent with his ded at camp. Tony was daydreaming of those days o bit as he and Suzie jogged along a nature trail and came octoss a wonderful piece of property for sole. He turned to Suzle and sald. "Ivo olways wanted to start a camp where families could get away and spend some quolity time together. If wo just had the money. I know this would be the perfect place: - On November 1,2022, Great Adventures purchased the land by issuing o $520,000,6%,10 year installment note to the seller. Payments of $5.773 are required at the end of each month over the life af the 10 year loan Each monthly payment of $5,773 includes both interest expense and principal payments ( 1 e, reduction of the loan amount). Late that night Tony exclaimed. "We now have land for our new camp, this has to be the best news evert' Suzie said, "There's something else I need to tell you. Im expectingl' They decided tight then, if it was a boy, they would name him Venture. Journal entry worksheet Record the issuance of the long-term note payable for the purchase of land on November 1,2022. Note: Enter debits before credits. Journal entry worksheet 6 Record the first monthly payment on the long-term note payable, made on November 30,2022. Note: Enter debits before credits. Journal entry worksheet Record the second monthly payment on the long-term note payable, made on December 31,2022. Note: Enter debits before credits. Journal entry worksheet The 12 monthly payments in 2023 (following year) will reduce the note's balance by an additional $39,534. Record the reclassification of this amount from long-term notes payable to current notes payable. Note: Enter debits bofore credits. Journal entry worksheet