I paid in my previous question $80(I gave it to Accounting tutor with a nicknamer saikumaro) . Please use the money I paid as I didn't get answer. I submitted everything, but for some reason nothing appeared. I am submitting everyhing again. Please answer 7 questions.

[The following information applies to the questions displayed below.] Questions 1 and 2: Tony and Suzie are ready to expand Great Adventures even further in 2013. Tony believes that many groups in the community (for example, Boy Scouts, 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 receive a 19% discount. For the first six months of the year, the following activities occur for TEAM operations. Jan.24 Great Adventures purchases outdoor gear such as ropes, helmets, harnesses, compasses, and other miscellaneous equipment for $5,000 cash. Feb.25 Mr. Kendall's Boy Scout troop participates in a one-day TEAM adventure. Normally, Tony would charge a group of this size $4,500, but he wants to encourage kids to exercise more and enjoy the outdoors so he charges the group only $4,000. Feb.28 The Boy Scout troop pays the full amount owed, less the 5% quick-payment discount. Mar.19 Reynold's Management has its employees participate in a one-day TEAM adventure. Great Adventures charges $3,100, and Reynold's agrees to pay within 30 days. Mar.27 Reynold's pays the full amount owed, less the 5% quick-payment discount. Apr.7 Several men from the Elks Lodge decide to participate in a TEAM adventure. They pay $8,400, and the event is scheduled for the following week. Apr.14 The TEAM adventure is held for members of the Elks Lodge. May 9 Myers Manufacturing participates in a TEAM adventure. Great Adventures charges $5,700, and Myers agrees to pay within 30 days. Jun.130 Several MBA groups participate in TEAM adventures during June. Great Adventures charges $24,100 to these groups, with payment due in July. Jun.30 Myers Manufacturing fails to pay the amount owed within the specified period and agrees to sign a three-month, 10% note receivable to replace the existing account receivable. Question 1: Required: Record TEAM adventure transactions occurring during the first six months of 2013. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.) (Use those words only: No journal entry required, Accounts payable, Accounts receivable, Allowance for uncollectible accounts, Bad debt expense, Cash, Equipment, Notes payable, Notes receivable, Sales discounts, Service revenue, Unearned revenue, Wages, Wages payable). Question 2: As of June 30, 2013, Great Adventures finishes its first 12 months of operations. If Suzie wants to prepare financial statements, part of the process would involve allowing for uncollectible accounts receivable. a. Suppose Suzie estimates uncollectible accounts to be 10% of accounts receivable (which does not include the $5,700 note receivable from Myers Manufacturing). Record the adjustment for uncollectible accounts on June 30, 2013. (Use these words only: Accounts payable, Accounts receivable, Allowance for uncollectible accounts, Bad debt expense, Cash, Equipment, Notes payable, Notes receivable, Outdoor gear, Sales discounts, Service revenue, Unearned revenue, Wages, Wages payable). b. Prepare a partial balance sheet showing the net accounts receivable section. (Use these words only: Accounts receivable, Add: Allowance for uncollectible accounts, Bad debt expense, Less: Allowance for uncollectible accounts, Notes receivable) [The following information applies to the questions displayed below.] Questions 3 and 4: Now that operations for outdoor clinics and TEAM events are running smoothly, Suzie thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU) watches. Beyond the normal timekeeping features of most watches, MU watches are able to report temperature, altitude, and barometric pressure. MU watches are waterproof, so moisture from kayaking, rain, fishing, or even diving up to 100 feet won't damage them. Suzie decides to have MU watches available for sale at the start of each clinic. The following transactions relate to purchases and sales of watches during the second half of 2013. All watches are sold for $309 each. Jul.17 Purchased 59 watches for $8,968 ($152 per watch) on account. Jul.31 Sold 43 watches for $13,287 cash. Aug.12 Purchased 47 watches for $7,520 ($160 per watch) cash. Aug.22 Sold 33 watches for $10,197 on account. Sep.19 Paid for watches ordered on July 17. Sep.27 Received full payment for watches sold on account on August 22. Oct.27 Purchased 82 watches for $14,268 ($174 per watch) cash. Nov.20 Sold 102 watches for $31,518 cash. Dec.4 Purchased 98 watches for $17,346 ($177 per watch) cash. Dec.8 Sold 45 watches for $13,905 on account. Question 3: Required: a. Calculate sales revenue, cost of goods sold, and ending inventory as of December 31, 2013, assuming Suzie uses FIFO to account for inventory. b. Prepare the gross profit section of a partial income statement for transactions related to MU watches. (Use these words only: Beginning inventory, Cost of goods available for sale, Cost of goods sold, Rent, Sales revenue). Question 4: Late in December, the next generation of multiuse (MU II) watches is released. In addition to all of the features of the MU watch, the MU II watches are equipped with a global positioning system (GPS) and have the ability to download and play songs and videos off the internet. The demand for the original MU watches is greatly reduced. As of December 31, the estimated market value of MU watches is only $116 per watch. a. Record any necessary entry on December 31, 2013, related to this information. (Use these words only: Accounts payable, Accounts receivable, Cost of goods available for sale, Cost of goods sold, Inventory, Sales discounts, Service revenue, Unearned revenue). b. For what amount would MU inventory be reported in the December 31, 2013, balance sheet? c. Prepare an updated gross profit section of a partial income statement accounting for this additional information. (Use these words only: Beginning inventory, Cost of goods available for sale, Cost of goods sold, Rent, Sales revenue). [The following information applies to the questions displayed below.] Questions 5, 6, 7 Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They would love to buy a Hummer, but it is just too expensive and too small for their needs, so they settle on a used Suburban. The cost of the Suburban is $13,700. The vehicle is purchased in late June and will be put into use on July 1, 2013. Annual insurance from GEICO runs $1,700 per year. The paint is starting to fade, so they spend an extra $3,400 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides. An additional $4,000 is spent on a deluxe roof rack and a trailer hitch. They expect to use the Suburban for five years and then sell the vehicle for $3,800. Question 5: Required: Determine the amount that should be recorded for the new vehicle. Question 6: Prepare a depreciation schedule using the straight-line method. Question 7: Record the sale of the vehicle two years later on July 1, 2015, for $8,900. (Use these words only: Accumulated depreciation, Cash, Equipment, Gain, Interest expense, Loss, Notes payable, Notes receivable)