In short, I am missing the last 2 journal entries. And entered in some wrong entry names. Everything else looks alright, besides one value on the balance sheet. I'm not sure how to record that 14,800.

Please help and thank you so much.

At the end of 2022, the following information is available for Great Adventures. Additional interest for five months needs to be accrued on the $32,800, 6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31. Assume that $12,800 of the $32,800 loan discussed above is due next year. By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27,800 during the year and recorded those as Deferred Revenue. Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $14,800. For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $6,800. Answer is not complete. General Ledger General Journal Income Balance Sheet Requirement Trial Balance Statement Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Credit No Date General Journal Debit Dec 31 Interest Expense 820 Interest Payable 820 No Journal Entry Required Dec 31 Deferred Revenue 20,000 3 Dec 31 20,000 Service Revenue Insurance Expense Dec 31 4 14,800 14,800 Warranty Expense Dec 31 6,800 Warranty Liability 6,800 2. Journal entry worksheet 2 3 4 5 6 7 Additional interest for five months needs to be accrued on the $32,800, 6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31. Note: Enter debits before credits. Date General Journal Debit Credit Interest Expense Dec 31 800 Interest Payable 800 Journal entry worksheet 3 5 6 7 Assume that $12,800 of the $32,800 loan discussed above is due next year. Note: Enter debits before credits. Date General Journal Debit Credit No Journal Entry Required Dec 31 Journal entry worksheet 2 5 6 7 By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27,800 during the year and recorded those as Deferred Revenue. Note: Enter debits before credits. Date General Journal Debit Credit Deferred Revenue Dec 31 3. Journal entry worksheet 3 5 Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $14,800. Note: Enter debits before credits. Debit Credit Date General Journal Dec 31 Journal entry worksheet 3 4 For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $6,800. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Journal entry worksheet (2 3 4 5 Record the closing entry for revenue accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 CO Journal entry worksheet (2 3 Record the closing entry for expense and loss accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Adjusted GREAT ADVENTURES, INC. Income Statement For the Period Ended December 31, 2022 Revenues: Service Revenue 65,900 Sales Revenue 128,000 Sales Discounts (490) Net Sales 193,410 39,900 Cost of Goods Sold Gross Profit 153,510 Operating Expenses: 18,650 Depreciation Expense Supplies Expense 1,200 Salaries Expense 31,000 Bad Debt Expense 3,100 Rent Expense 3,800 Insurance Expens 21,900 Repairs and Maintenance Expense 680 Warranty Expense 6,800 Salaries Expense 31,000 Bad Debt Expense 3,100 Rent Expense 3,800 Insurance Expense 21,900 Repairs and Maintenance Expense 680 6,800 Warranty Expense Total Operating Expenses 87,130 Operating Income (Loss) 66,380 Interest Expense Interest Revenue Income Before Income Taxes 2,150 (400) 68,130 Income Tax Expense 15,900 Net Income 52,230 Balance Sheet December 31, 2022 Assets Liabilities Current Assets: Current Liabilities: Cash 23,600 89,490 Accounts Payable 52,800 Interest Payable Accounts Receivable 820 Income Tax Payable 15,900 Allowance for Uncollectible Accounts (2,680) 9,800 7,800 Inventory Deferred Revenue Notes Payable (Current) Prepaid Insurance 1,180 Service Fee Expense Warranty Liability 6,800 54,920 Total Current Liabilities Total Current Assets 150,590 Total Liabilities 54,920 Long-term Assets: Stockholders' Equity 83,560 Equipment Common Stock 20,000 Accumulated Depreciation (28,050) Retained Earnings 87,080 Total Stockholders' Equity 107,080 Total Liabilities and Stockholders'Equity 162,000 2$ 206,100 Total Assets At the end of 2022, the following information is available for Great Adventures. Additional interest for five months needs to be accrued on the $32,800, 6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31. Assume that $12,800 of the $32,800 loan discussed above is due next year. By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27,800 during the year and recorded those as Deferred Revenue. Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $14,800. For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $6,800. Answer is not complete. General Ledger General Journal Income Balance Sheet Requirement Trial Balance Statement Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Credit No Date General Journal Debit Dec 31 Interest Expense 820 Interest Payable 820 No Journal Entry Required Dec 31 Deferred Revenue 20,000 3 Dec 31 20,000 Service Revenue Insurance Expense Dec 31 4 14,800 14,800 Warranty Expense Dec 31 6,800 Warranty Liability 6,800 2. Journal entry worksheet 2 3 4 5 6 7 Additional interest for five months needs to be accrued on the $32,800, 6% loan obtained on August 1, 2021. Recall that annual interest is paid each July 31. Note: Enter debits before credits. Date General Journal Debit Credit Interest Expense Dec 31 800 Interest Payable 800 Journal entry worksheet 3 5 6 7 Assume that $12,800 of the $32,800 loan discussed above is due next year. Note: Enter debits before credits. Date General Journal Debit Credit No Journal Entry Required Dec 31 Journal entry worksheet 2 5 6 7 By the end of the year, $20,000 in gift cards have been redeemed. The company had sold gift cards of $27,800 during the year and recorded those as Deferred Revenue. Note: Enter debits before credits. Date General Journal Debit Credit Deferred Revenue Dec 31 3. Journal entry worksheet 3 5 Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The company believes the likelihood of payment occurring is probable, and the estimated amount to be paid is $14,800. Note: Enter debits before credits. Debit Credit Date General Journal Dec 31 Journal entry worksheet 3 4 For sales of MU watches, Great Adventures offers a warranty against defect for one year. At the end of the year, the company estimates future warranty costs to be $6,800. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Journal entry worksheet (2 3 4 5 Record the closing entry for revenue accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 CO Journal entry worksheet (2 3 Record the closing entry for expense and loss accounts. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Adjusted GREAT ADVENTURES, INC. Income Statement For the Period Ended December 31, 2022 Revenues: Service Revenue 65,900 Sales Revenue 128,000 Sales Discounts (490) Net Sales 193,410 39,900 Cost of Goods Sold Gross Profit 153,510 Operating Expenses: 18,650 Depreciation Expense Supplies Expense 1,200 Salaries Expense 31,000 Bad Debt Expense 3,100 Rent Expense 3,800 Insurance Expens 21,900 Repairs and Maintenance Expense 680 Warranty Expense 6,800 Salaries Expense 31,000 Bad Debt Expense 3,100 Rent Expense 3,800 Insurance Expense 21,900 Repairs and Maintenance Expense 680 6,800 Warranty Expense Total Operating Expenses 87,130 Operating Income (Loss) 66,380 Interest Expense Interest Revenue Income Before Income Taxes 2,150 (400) 68,130 Income Tax Expense 15,900 Net Income 52,230 Balance Sheet December 31, 2022 Assets Liabilities Current Assets: Current Liabilities: Cash 23,600 89,490 Accounts Payable 52,800 Interest Payable Accounts Receivable 820 Income Tax Payable 15,900 Allowance for Uncollectible Accounts (2,680) 9,800 7,800 Inventory Deferred Revenue Notes Payable (Current) Prepaid Insurance 1,180 Service Fee Expense Warranty Liability 6,800 54,920 Total Current Liabilities Total Current Assets 150,590 Total Liabilities 54,920 Long-term Assets: Stockholders' Equity 83,560 Equipment Common Stock 20,000 Accumulated Depreciation (28,050) Retained Earnings 87,080 Total Stockholders' Equity 107,080 Total Liabilities and Stockholders'Equity 162,000 2$ 206,100 Total Assets