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Great Adventures Problem AP9-1 (GL) Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of

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Great Adventures Problem AP9-1 (GL) Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of property for sale. He turned to Suzie and said, "I've always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place." On November 1, 2022, Great Adventures purchased the land by Issuing a $680,000, 6%, 10-year Installment note to the seller. Payments of $7,549 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $7,549 Includes both interest expense and principal payments (le, 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 ever! Suzie said, "There's something else I need to tell you. I'm expecting!" They decided right then, if it was a boy, they would name him Venture. Requirement General General Income Journal Ledger Trial Balance 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.) View transaction list Journal entry worksheet View transaction list Journal entry worksheet View transaction list Journal entry worksheet Journal entry worksheet

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