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i just need help with adding all the accounts up.need urgent help please! RWP3-1 (Algo) Great Adventures Continuing Problem [The following information applies to the

i just need help with adding all the accounts up.need urgent help please!
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RWP3-1 (Algo) Great Adventures Continuing Problem [The following information applies to the questions displayed below.] Tony and Suzie graduate from college in May 2024 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, 2024, Tony and Suzie organize their new company as a corporation, Great Adventures Incorporated The articles of incorporation state that the corporation will sell 34,000 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 business activities occur during July for Great Adventures. be held on August 10 , and attendees can pay $120 in advance or $170 on the day of the olinic. July 30 Great Adventures receives total cash of $4,800 in advance from 40 kayakers for the upcoming the following transaetions ou clinic. The following transaetions occur over the remainder of 2024 . August 1 Great Adventures obtains a $44,000 low-interest loan for the company from the elty couneil, which has recently passed an initiative encouraging business development related to outdoor activities. The loan is due in three years, and 6r annual interest is due each year on July 31 . August 4 The company purchases 14 kayaks, paying $19,600 cash. August 10 Tony and Suzie conduct the first kayak elinic. In addition to the $4,800 that was received in advance from kayakers on July 30 , the company receives additional cash of $3,400 from twenty new kayakers on the day of the elinic. Auguat 17 Tony and Suzie conducts a second kayak elinle, and the company receives $12,500 cash. August 24 Office supplies of $1,400 purchased on July 4 are paid in full. September 1 To provide better storage of mountain bikes and kayaks when not in use, the company rents a September 21 Tony and Suzie conduct a rock-climbing elinic. The company receives $14,100 cash. complete all checkpoints in order wins. The entry fee for each team is $640. December 5 To help organize and promote the race, Tony hires his college roommate, victor. Victor will be paid $40 in salary for each team that competes in the race. Hin salary will be paid after the race. December 8 The company pays $2,000 to purehase a permit f zom amount is recorded as a milncellaneous expense. December 12 The company purchasjs racing supplies for $2,500 on account due in 30 days. Suppliea inelude trophies for the top-finishing teams in each category, promotional Hhirtis, Bnack foods and trophies for the top-finishing teams in each category, promotional mhi drinks for participante, and fleld markers to prepare the racecourse. December 15 The company recelves $25,600 cash from a total of forty teams, and the race is held. December 16 The company pays vietor' in alary of $1,600. December 31 The company pays a dividend of $4,100($2,050 to Tony and $2,050 to 54zie). December 31 Uning his pereonal money, Tony purehases a diamond ring for $3,800. Tony surprisea suaie by proposing that they get married. Suaie acceptn and they get marriedi The following information relates to year-end adjusting entrios as of December 31,2024. a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $8,300. 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 $1,400 of office supplies purchased on July 4,$230 remains. e. Interest expense on the $44,000 loan obtained from the city council on August 1 should be recorded. f. Of the $2,500 of racing supplies purchased on December 12,$280 remains. g. Suzie calculates that the company owes $14.100 in income taxes. RWP3-1 (Algo) Great Adventures Continuing Problem Part 4 4. Prepare an adjusted trial balance as of December 31,2024. The following information relates to year-end adjusting entries as of December 31,2024. a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $8.300. 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 $1,400 of office supplies purchased on July 4,$230 remains. e. Interest expense on the $44,000 loan obtained from the city council on August 1 should be recorded. f. Of the $2,500 of racing supplies purchased on December 12,$280 remains. g. Suzie calculates that the company owes $14,100 in income taxes. The following information relates to year-end adjusting entries as of December 31,2024 . a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $8.300. 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 $1,400 of office supplies purchased on July 4,$230 remains. e. Interest expense on the $44,000 loan obtained from the city council on August 1 should be recorded. f. Of the $2,500 of racing supplies purchased on December 12,$280 remains. g. Suzie calculates that the company owes $14,100 in income taxes

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