help.

Tony and Suzie are ready to expand Great Adventures even further in 2025. Tony believes that many groups in the comimumity (for example, Boys and Giris Clubs, church groups, civic groups, and local businesses) would like to hold one-cidy outings for the members. Groups would engage in outdoor activities such as rock climbing, fishing. capture the flag, paintball, treasure hunts, scavenger hunts, nature hikes, and so on. The purpose of these one-day events would be for each member af the group to learn the importance of TEAM (Together Everyone Achieves Morel Tony knows that most people are not familiar with these types of activites, so to encourage business he aliows groups to participate in the event before paying. He offers a 5% quick-payment discount to those that pay within 10 days after the event. He also guarantees that at least elght hours of outdoor activities will be provided or the customer wil receive a 20% discount. For the first 56 months of the yeas, the foltowing octivities occur for TEAM operations. January 24 Great Adventures purchases outdoor qear such as ropes, hetnets, harnesses, congasses, and other misceltaceous equiptent tor $5,600 cash. February 25 Kendall's Boys and Girts Club participates in a obe-day TEM adventure. Normally, Tony would charge a group of this sire $3,500, but he wasts to encourage kids to exercise more and enjoy the outdoors so he charges the group only $3,006. Great Adventures providos these services on account. February 28 Great Adventures receives paywent fron the Boys and Girls ctub for the futi amount oned, thess the 54 quickparehnent discount. March 19 Reynold's Managenent has 1ts enployees participate in a one-day TEA adventure. Great Adventures. provides March 27 services on account for \$4, 000, and Reynold's agrees to pay within 10 days. Harch 27 Great Mdventures receives paynent fron Aeypold's for the full anount oued, less the 5t guick-poynent. April. Several nen tron the Elks Lodge decide to participate in a TEM adventare. Great Adventures recoives 17,500 Aprit is imediately and the event is icbeduled for the foltowing veek. Aprit 14 The TEN adventure is held for nenbers of the Elks Lodge. April 39 Hyers Manufacturing participates in a Tun adventure. Great Adventures provides seevices on account. for Hay 3156, eale, and Myers aprees to pay within 3 deys. Hay 31 Myers Manufacturing fails to pay the amount oved within the specifiod poriod and agrees to sagh a threeJune 15 nonth, is note receivable to replace the existing account receivable. Several MaA groups participate in rea adventures. Great Adventures provides services on accaunt for Required Consider the following informotion as of June 30,2025. - Suzie estimates uncallectible accounts to be 105, of accounts recelvable from the MBA groups on June 15: Record the adjusting entry for uncollectble accounts. - Accrue one month of interest on the note recelvabie from Myers Manufacturing - Note payable is due in 2 years. *Fid text inqicetes dop reapeniee wes axpecind in a ceil of a formilatbased calculation is incorrect no points deducins. GREAT ADVENTURES, INCORPORATED Trial Balance June 30, 2025 A Cash Accounts Receivable Account Title \begin{tabular}{|c|c|} \hline Debit & Credit \\ $47,650 & \end{tabular} \$ Allowance for Uncollectible Accounts A Notes Recelvable Binterest Receivable \#Prepaid Rent \$ Equipment * Accumulated Depreciation BAccounts Payable Winterest Payable \#Deferred Revenue WNotes Payable ECommon Stock WRatained Earnings * Service Revenue is Sales Discounts WDepreciation Expense 4i Supplies Expense W Salaries Expense Bad Debt Expense \$interest Expense ARent Expense Winsurance Expense Total Choose the appropriate accounts to complete the company's income statement. Select 'adjusted' will then populate the balances in those accounts from the adjusted trial balance. Choose the appropriate accounts to complete the company's balance sheet. Make sure to select 'adjusted' from the dropdown, w will then populate the balances in those accounts from the adjusted trial balance. Tony and Suzie are ready to expand Great Adventures even further in 2025. Tony believes that many groups in the community (for example, Boys and Girls Clubs, church groups, civic groups, and local businesses) would like to hold one-day outings for their members. Groups would engage in outdoor activities such as rock climbing, fishing, capture the flag, paintball, treasure hunts, scavenger hunts, nature hikes, and so on. The purpose of these one-day events would be for each member of the group to learn the importance of TEAM (Together Everyone Achieves More). Tony knows that most people are not familiar with these types of activities, so to encourage business he allows groups to participate in the event before paying. He offers a 5% quick-payment discount to those that pay within 10 days after the event. He also guarantees that at least eight hours of outdoor activities will be provided or the customer will recelve a 20% discount. For the first six months of the year, the following activities occur for TEAM operations. January 24 Great Adventures purchases outdoor gear such as ropes, helrets, harnesses, compasses, and other miscellaneous equipment for $5,020 cash. February 25 Kendall's Boys and Girls Club participates in a one-day TEAM adventure. Normally, Tony would charge a group of this size $3,500, but he wants to encourage kids to exercise more and enjoy the outdoors so he charges the group onty $3,8e0. Great Adventures provides these services on account. February 28 Great Adventures receives. paynent from the Boys and Girls Club for the fuli amount owed, thss the 54 quickMarch 19 paynent discount. March 19 Reynold's Management has its employees participate in a one-day TEAM adventure. Great Adventures provides March 27 Gervices on account for $4,600, and Reynold's agrees to pay within 30 days. Great Adventures receives payment from Reynold's for the full amount owed, less the 5\% quick-paysent. April 7 Several men from the Elks Lodge decide to participate in a TEAM adventure. Great Adventure5 receives 57,598 April 14 The TEAM adventure is held for menbers of the Elollowing Lodge. April 30 Myers Manufacturing participates in a TEAM adventure. Great Adventures provides services on account for May 31$6,060, and Myers agrees to pay within 30 days. May 31 Hyers Manufacturing fails to pay the amount owed within the specified period and agrees to sign a threeJune 15 . month, 83 note receivable to replace the existing account receivable. Several MBA groups participate in TEAM adventures. Great Adventures provides services on account for $24,600 to these groups, with payment due in July. Required: Consider the following information as of June 30,2025. - Suzie estimates uncollectible accounts to be 10% of accounts recelvable from the MBA groups on June 15. Record the adjusting entry for uncollectible accounts. - Accrue one month of interest on the note recelvable from Myers Manufacturing. - Note payable is due in 2 years