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hello can someone help me with this please? Requlred information [The following information applies to the questions displayed betow ] Tony and Suzie graduate from

hello can someone help me with this please?
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Requlred information [The following information applies to the questions displayed betow ] 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 itvolve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trall 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 corporotion will sell 36,000 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 Jul. 1 gel1. $1, 000 of Gesmon stoek to Burle. Ju1. 1 Ind1 816,000 of conmon stoet to pony, Jul. 1 Purchash a ond-yoar innaratce polidy foy 35,160 (1430) per nohth) to cover injuries to participante during outdoot olinion. Jul - 2 Pay legal fees of 51,400 ansociated vith incerporation. Jul. 4 Turobase office aupplien of 51,900 on ageount. July 15. Ateendees vil be eharged $60 so the disy of tbe elinie. Ful. Purehane 10 mougestin biken, paylng 811,100 eash. Ju1. 15 On the day of the elinie, Creat Adventures recei wos cath of 53,600 trom 60 bikers. 7 ony condacta the mountain biking elinic. and tho coppany roceives 84,056 . Ful. 24 Pay 6630 to loendiradio station for advertising tio appear ifmediately. K karalking alinie yill be held on Sugubt 10 , and attesdees ean pay 1140 is advanee or 8190 on the diny of thit eltrie. Jut. 30 Creat Ndventure reeeives eanh of $5,400 in advanee froe 40 hayakera for: the upectikg kayak glintef. Nug, 4 The ecepnny purohases 14 kayaka, paying 514,300 canh. Agd. 10. Trenty additinnal kayakere pay 73,809 (\$190 eech), in addition to the 15,600 that wan paid 1 if atvanen on July 39, on the day of tho alinio. Fony conduet the firat kayak dilnie. Aig. 17 Tony conduets a second keyak elinio, sed the coepany receivea $12,200 eash. Aug. 24 office wupplies of 11,506 purchseed on July 4 are paid in full. ubed for one yoar, paying 54,080 (8340 per nonth) ia atvance. fiep. 21 Toey eothaeta n rook-dlimbing elinie. The esepony receiven 715,000 esah. Get. 17 . Toey eontuets an orlenteering elinio Partlefipant practiee hoy to understaed a topographieal iap, read an altimeter, use a conpass, and orinnt throvgh hesvily wooded arean, Fhe obepasy received 419,160 eant Dee. 1 Tony deoides to hold the coepany'e-firet advesture-race on becenber 15 . Four-pereon teans Wilit, rece fron ehockpoint to eheckpoint Uaing a eombisation of mosintain biking, kayaking, orientedribge tiakl running, and reek-diinbing akilio, The firbt team in each eategory to oomplete all eheckpointe fin arder vises The entry fen for eweh tean ia 5570 . Dee. 5 To help organite and protete the rate, Fony biren hli college rooenate, Viotor, yidtor vil1 be pald foe the tepofinishisg tean in haeh eategory, prenetionst ahitis, ansek foods acd drinke for partiedpante, and fiold narker to prepare the raececuree. Deo; 16 the eovpany paym vietor's andary of 81,609 . that tbey aet marrted. fuate detepti and they get narried The following infotmation relates to yeaf-end atjusting entries as of December 31,2021. a. Deprecintion of the mountain bies purchased on July 8 and kayaks purchased on August 4 totas 57,990. b. Sox menths' of the one-year Insurance policy purchased on July 1 hos expired. c. Four months of the one-year rental agreement purchased on Septenberihas explrod. d. Qf the $1,900 of office supplies purchased on July 4,5310 remains E. Interest expense on the $39,000 lonn obtained from the city counel on August 1 should be tecorded. f. Or the 52700 of racing supplies purchased on Decenber 12 , $150 remalns. 0, Depreclotion of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $7,900. b. Six months' of the one-year insurance policy purchased on July 1 has explred. c. Four months of the one-year rental agreement purchased on September 1 has expired. d. Of the $1,900 of office supplles purchased on July 4,$310 remains. e. Interest expense on the $39,000 loan obtained from the city council on August 1 should be recorded. f. Or the $2,700 of tacing supplies purchased on December 12,$150 remains. 9. Suzie calculates that the company owes $14,300 in income taxes. Record closing entries as of December 31, 2021. (if no entry is required for a transaction/event, select "No journal entry required" In the first account field.) Journal entry worksheet Journal entry worksheet Notes Enter debits before credits. Journal entry worksheet Note: Enter debits before aredits

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