i have already completed most of the work. please use the pictures i used of the general journal and complete the income statement, statement of SE and the Balance sheet to complete this question

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 20,000 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 Sell $10,000 of common stock to Suzie. Jul. 1 Sell $10,000 of common stock to Tony. Jul. 1 Purchase a one-year insurance policy for $4,800 (5400 per month) to cover injuries to participants during outdoor clinics. Jul. 2 Pay legal fees of $1,500 associated with incorporation. Jul. Purchase office supplies of $1,800 on account. Jul. 7 Pay for advertising of $300 to a local newspaper for an upcoming mountain biking clinic to be held on July 15. Attendees will be charged $50 on the day of the clinic. Jul. Purchase 10 mountain bikes, paying $12,000 cash. Jul 15 on the day of the clinic, Great Adventures receives cash of $2,000 from 40 bikers. Tony conducts the mountain biking olinie. Jul. 22 Because of the success of the first mountain biking clinic, Tony holds another mountain biking clinic and the company receives $2.300. Jul. 24 pay $700 to a local radio station for advertising to appear immediately. A kayaking clinic will be held on August 10, and attendees can pay $100 in advance or $150 on the day of the clinic. Jal. 30 Great Adventures receives cash of $4,000 in advance from 40 kayakers for the upcoming kayak clinic. Aug. Great Adventures obtains a $30,000 lov-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 dae in three years, and 60 annual interest is due each year on July 31. Nag. 4 The company purchases 14 kayaks, paying $28,000 cash. Aug. 10 Twenty additional kayakers pay $3,000 ($150 each). In addition to the $4,000 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak olinio. Nug. 17 Tony conducts a second kayak elinie, and the company receives $10.500 cash. hug. 24 Office supplies of $1,800 purchased on July 4 are paid in full. Sep. To provide better storage of mountain bikes and kayaks when not in use, the company rents a storage shed for one year, paying $2.400 ($200 per month) in advance. Sep. 21 Tony conducts a rock-climbing olinie. The company receives $13,200 cash. det. 17 Tony conducts an orienteering clinic. Participants practice how to understand a topographical map, read an altimeter, use a compass, and orient through heavily wooded areas. The company receives $17,900 cash. las Alah S AW Aug. 24 Office supplies of $1,800 purchased on July 4 are paid in full. Sop 1 To provide better storage of mountain bikes and kayaks when not in uso, the company rents a storage shed for one year, paying $2,400 ($200 per month) in advance. Sep. 21 Tony conducts a rock-climbing clinic. The company receives $13,200 cash. Oct. 17 Tony conducts an orienteering clinic. Participants practice how to understand a topographical map, read an altimeter, use a compass, and orient through heavily wooded areas. The company receives $17,900 cash. Dec. 1 Tony decides to hold the company's first adventure race on December 15. Four-person teams will race from checkpoint to checkpoint using a combination of mountain biking, kayaking, orienteering, trail running, and rock-climbing skills. The first team in each category to complete all checkpoints in order wins. The entry fee for each team is $500. Dec. 5 To help organize and promote the race, Tony hires his college roommate, Victor. Victor will be paid $50 in salary for each team that competes in the race. His salary will be paid after the race. Dee. The company pays $1,200 to purchase a permit from a state park where the race will be held. The amount is recorded as a miscellaneous expense. Dec. 12 The company purchases racing supplies for $2,800 on account due in 30 days. Supplies include trophies for the top-finishing teams in each category, promotional shirts, snack foods and drinks for participants, and field markers to prepare the racecourse. Dec. 15 The company receives $20,000 cash from a total of forty teams, and the race is held. Dec. 16 The company pays Victor's salary of $2.000. Dec. 31 The company pays a dividend of $4.000 ($2,000 to Tony and $2,000 to Susie). Dec. 31 Using his personal money, Tony purchases a diamond ring for $4,500. Tony surprise Susie by proposing that they get married. Susie accepts and they get married The following information relates to year-end adjusting entries as of December 31, 2021. a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $8,000. 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. Of the $1,800 of office supplies purchased on July 4, $300 remains e. Interest expense on the $30,000 loan obtained from the city council on August 1 should be recorded. 1. Of the $2.800 of racing supplies purchased on December 12, $200 remains 9. Suzie calculates that the company owes $14,000 in income taxes. Requirement General Journal General Ledger Statement of Income Statement Trial Balance Sheet Choose the appropriate accounts to be reported on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account based on your selection No General Journal Debit Credit Date Jul 01, 2021 10,000 Cash Common Stock 10,000 Jul 01, 2021 10,000 Cash Common Stock 10,000 3 Jul 01, 2021 4,800 Prepaid Insurance Cash 4,800 Jul 02, 2021 1,500 Legal Fees Expense Cash 1,500 Jul 04, 2021 1,800 Supplies (Office) Accounts Payable 1,800 6 Jul 07, 2021 300 Advertising Expense Cash 300 7 Jul 08, 2021 12,000 Equipment (Bikes) Cash 12,000 8 Jul 15, 2021 2,000 Cash Service Revenue (Clinic) 2,000 Return _8 Jul 15, 2021 2. 00 Cash Service Revenue (Clinic) 20000 Jul 22, 2021 2,300 Cash Service Revenue (Clinic) 2300 10 Jul 24, 2021 700 Advertising Expense Cash 7000 Jul 30, 2021 4,000 0 Cash Deferred Revenue 4,000 0 _2021 01 Aug 30,000 0 Cash Notes Payable 30000 0 Aug 04, 2021 28,000 0 Equipment (Kayaks) Cash 28,0000 14 Aug 10, 2021 3, 0 ? Cash Deferred Revenue Service Revenue (Clinic) 7,09 15 Aug 17, 2021 10 Cash Service Revenue (Clinic) 10 33 Dec 31, 2021 2,600 Supplies Expense (Racing) Supplies (Racing) 2,600 34 Dec 31, 2021 14,000 Income Tax Expense Income Taxes Payable 14,000 35 Dec 31, 2021 Service Revenue (Clinic) Service Revenue (Racing) Retained Earnings 52,900 20,000 72,900 36 Dec 31, 2021 36.750 Retained Earnings Advertising Expense Legal Fees Expense Miscellaneous Expense Salaries Expense Depreciation Expense Insurance Expense Rent Expense Supplies Expense (Office) Supplies Expense (Racing) Interest Expense Income Tax Expense OOOOOOOOOO 000 1,000 1,500 1,200 2,000 8,000 2,400 800 1,500 2,600 750 14,000 OOOOOOOOOO Dec 31, 2021 Retained Earnings Dividends 4,000 4,000 Post-closing GREAT ADVENTURES, Inc. Income Statement December 31, 2021 Revenues: Total Revenues Expenses: Total Expense raw Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement Statement of Balance Sheet SE Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the balance indicated. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Post-closing GREAT ADVENTURES, Inc. Statement of Stockholders' Equity For the year ended December 31, 2021 Common Stock Retained Earnings Total Stockholders Equity 20.000 20,000 20,000 $ 0 $ 20,000 Requirement General Journal General Ledger Trial Balance Income Statement Statement of Balance Sheet SE The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection Post-closing - Dates: Jul 01, 2021 to: Dec 31, 2021 - GREAT ADVENTURES, Inc. Balance Sheet December 31, 2021 Liabilities Current assets Current liabilities Total current liabilities Total liabilities: Total current assets Long-term assets: Stockholders' Equity 0 10 0 Total stockholders' equity 0 Total liabilities and stockholders' equity Total assets $ 0