i have to record each transaction in a general journal, then i T accounts, then prepare a trial balance

Required information Great Adventures Problem AP2-1 The following information applies to the questions displayed below) 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 27,000 shares of common stock for $1 each Each share of stock represents a unit of ownership. Tony and Suzle will act as co-presidents of the company. The following business activities occur during July for Great Adventures Jul. 1 Sell $13,500 of common stock to Suzie. Jul. 1 Sell $13,500 of common stock to Tony. Jul. 1 Purchase one-year insurance policy for $5,640 ($470 per month) to cover injuries to participants during outdoor clinics. Jul. 2 Pay legal fees of $1,100 associated with incorporation. Jul. 4 Purchase office supplies of $2,000 on account. 7 Pay $300 to a local newspaper for advertising to appear immediately for an upcoming mountain biking clinic to be held on July 1s. Attendees will be charged $40 the day of the clinic. Jul. 8 Purchase 10 mountain bikes, paying $10,300 cash Jul. 15 on the day of the clinic, Great Adventures receives cash of $2,800 from 70 bikers. Tony conducts the mountain zul. 22 because of the success of the first mountain biking Clinic, Tony holds another mountain bilang clinic and the company receives $3,200. Jul. 24 pay $818 to local radio station for advertising to appear immediately. A kayaking clinic will be held on August 18, and attendees can pay $110 in advance or $168 on the day of the clinic. Jul. 38 Great Adventures receives cash of $4,400 in advance from 40 kayakers for the upcoming kayak clinic Great Adventures Problem AP2-1 Part 1 Required: 1. Record each transaction in July (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required information 2. Post each transaction to the appropriate T-accounts and calculate the ending balance of each account. Cash Prepaid Insurance End bal End bal Supplies Equipment End, bal End, bal Accounts Payable Deferred Revenue End bal End, bal Common Stock Service Revenue End, bal End, bal Advertising Expense Legal Fees Expense 3. Prepare a trial balance. (The items in the Trial Balance sh Revenue and Expenses.) GREAT ADVENTURES, INC. Trial Balance July 31, 2021 Accounts Debit Credit Totals $ 0 $ 0