January 24 Creat Adventures parchases outdoor gear such as ropes, helmets, harnesses, compassen, and other miscellaneous equipent for $4,400 cash. Tebraary 25 Kendall's Boys and Girls club participates in a obe-day reaM adventure. Nornally, Tony would charge a group of this size $2,900, but he wants to encourage kids to exercilie nore and enjoy the outdoors so he eharges Pebruary 28 creat Adventures $2,400. Great hdventures provides these servicen on account. paysest discount. Mareh 19 Reysold's Management has its employees partieipate in a one-day ream adventure. Great Adventurea provides services on account for $3,400, and Reynold's agrees to pay within 30 days. Karch 27 Great Adventures receivea payment from Reytold's for the fuli amount owed, less the 41 quick-payment discount. April 7 Several sea froe the Elks Lodge decide to partieipate in a TEAM adventure. Great Adveatures receives $6,900 imediately and the event is scheduled for the following week. April 14 The renr adventure is held for nedebern of the elks Lodge. Myers Masafectaring participates in a TRAM adventure. Great Adventures providea services on account for 548,000 , and Myers aqrees to pay within 30 days. - Suzie estimates uncollectible accounts to be 8% of accounts recelvable from the MBA groups on June 15. Record the adjusting entry for uncollectible bccounts. - Accrue one month of interest on the note receivable from Myers Manufacturing - Note payable is due in 3 years. Prepare the joumal entries for transactions. (II no entry is requ red for a particular transaction/event, select "No Journal Entry Required" in the fint account field.) January 24 Creat Adventures parchases outdoor gear such as ropes, helmets, harnesses, compassen, and other miscellaneous equipent for $4,400 cash. Tebraary 25 Kendall's Boys and Girls club participates in a obe-day reaM adventure. Nornally, Tony would charge a group of this size $2,900, but he wants to encourage kids to exercilie nore and enjoy the outdoors so he eharges Pebruary 28 creat Adventures $2,400. Great hdventures provides these servicen on account. paysest discount. Mareh 19 Reysold's Management has its employees partieipate in a one-day ream adventure. Great Adventurea provides services on account for $3,400, and Reynold's agrees to pay within 30 days. Karch 27 Great Adventures receivea payment from Reytold's for the fuli amount owed, less the 41 quick-payment discount. April 7 Several sea froe the Elks Lodge decide to partieipate in a TEAM adventure. Great Adveatures receives $6,900 imediately and the event is scheduled for the following week. April 14 The renr adventure is held for nedebern of the elks Lodge. Myers Masafectaring participates in a TRAM adventure. Great Adventures providea services on account for 548,000 , and Myers aqrees to pay within 30 days. - Suzie estimates uncollectible accounts to be 8% of accounts recelvable from the MBA groups on June 15. Record the adjusting entry for uncollectible bccounts. - Accrue one month of interest on the note receivable from Myers Manufacturing - Note payable is due in 3 years. Prepare the joumal entries for transactions. (II no entry is requ red for a particular transaction/event, select "No Journal Entry Required" in the fint account field.)
