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I need help filling out the closing entries Tony and Suzie have purchased land for a new camp. Now they need money to build the

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Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzle first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2024, Tony and Suzle each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2025 : November 5 Issue an additional 164,600 shares of conmon stock for $10 per share. November 16 Purchase 10,400 shares of its own common stock (i.e., treasury stock) for $17 per share. November 24 Resell 4,40e shares of treasury stock at $18 per share. December 1 Declare a cash dividend on its comnon stock of $11, 80e (\$0.10 per share) to a11 stockholders of record on December 15. December 20 Pay the cash dividend declared on December 1. December 30 Pay $810,608 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account. Journal entry worksheet 1 2 3 4 5 6 Record the entry to close the revenue accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits

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