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I will like your answer thanks G3 only worry about the Journal entries thanks for what yall do Journal entry worksheet Record the second monthly

I will like your answer thanks G3 only worry about the Journal entries thanks for what yall do
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Journal entry worksheet Record the second monthly payment on the long-term note payable, made on December 31,2025. Note: Enter debits before credits. Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trall and came across a wonderful plece of property for sale. He turned to Suzle and said, "Tve always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place:" On November 1, 2025, Great Adventures purchased the land by issuing a $900,000,6%,10 year installment note to the seller. Payments of $9,992 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $9,992 includes both interest expense and principal payments (L.e, reduction of the loan amount). Late that night, Tony exclaimed, "We now have land for our new camp, this has to be the best news everl" Suzie said, "There's something else I need to tell you. Irm expectingl" Prepare the journal entries for transactions. (If no entry is required for a particular transactionvevent, select "No Journal Entry Required" in the fint account field.) Journal entry worksheet \begin{tabular}{ll|l} 5 & 6 & > \end{tabular} Record the first monthly payment on the fong-term note payable, made on November 30,2025. Note: Enter debits before credits. Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of property for sale. He turned to Suzie and said, "Tve always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place:" On November 1, 2025, Great Adventures purchased the land by issuing a $900,000,6%,10-year. instaliment note to the seller. Payments of $9,992 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $9,992 includes both interest expense and principal payments (l.e, reduction of the loan amount). Late that night, Tony exclaimed, "We now have land for our new camp; this has to be the best news ever!" Suzie said, "There's something else I need to tell you. l'm expectingl' Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet 3456 Record the issuance of the long-term note payable for the purchase of land on November 1, 2025 . Note: Lnter debits beforn eredits. Journal entry worksheet The 12 monthly payments in 2026 (following year) will reduce the note's balance by an additional $68,424. Record the reclassification of this amount from long-term notes payable to current notes payable. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of property for sale. He turned to Suzie and said. T've always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place: On November 1, 2025, Great Adventures purchased the land by issuing a $900,000,6%,10-year installment note to the seller. Payments of $9,992 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $9,992 includes both interest expense and principal payments (i.e, reduction of the loan amount) Late that night, Tony exclaimed, "We now have fand for our new camp, this has to be the best news everl" Suzle sald, "There's something else I need to tell you. l'm expectingl" Required" in the first account field.) Journal entry worksheet 1 2 3 4 5 Record the entry to close the expense accounts. Note: Enter debits before cred th

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