Journal entry worksheet Sell $13,000 of common stock to Suzie. Record the appropriate journal entry. Note: Enter debits before credits. Debit Credit Date Jul 01, 2021 General Journal Cash Common Stock 13,000 13,000 Record entry Clear entry View general journal Journal entry worksheet 1 2 3 4 5 6 7 8 27 > Sell $13,000 of common stock to Tony. Record the appropriate journal entry. Note: Enter debits before credits. Date General Journal Credit Debit 13,000 Jul 01, 2021 Cash Common Stock 13,000 Record entry Clear entry View general journal Journal entry worksheet Pay legal fees of $1,800 associated with incorporation. Record the appropriate journal entry. Note: Enter debits before credits. Credit Date Jul 02, 2021 General Journal Legal Fees Expense Cash Debit 1,800 1,800 Record entry Clear entry View general journal Journal entry worksheet Purchase office supplies of $1,100 on account. Record the appropriate journal entry. Note: Enter debits before credits. Debit Credit Date Jul 04, 2021 General Journal Supplies (Office) Accounts Payable 1,100 1,100 Record entry Clear entry View general journal Journal entry worksheet III. On the day of the clinic, Great Adventures receives cash of $2,500 from 50 bikers. Tony conducts the mountain biking clinic. Record the appropriate journal entry. Note: Enter debits before credits. Date Debit Credit Jul 15, 2021 General Journal Cash Service Revenue (Clinic) 2,500 2,500 Record entry Clear entry View general journal Journal entry worksheet Because of the success of the first mountain biking clinic, Tony holds another mountain biking clinic and the company receives $3,050. Record the appropriate journal entry. Note: Enter debits before credits. Credit Date Jul 22, 2021 General Journal Cash Service Revenue (Clinic) Debit 3,050 3,050 Record entry Clear entry View general journal Journal entry worksheet Great Adventures receives cash of $7,000 in advance from 70 kayakers for the upcoming kayak clinic. Record the appropriate journal entry. Note: Enter debits before credits. Credit Date Jul 30, 2021 General Journal Cash Deferred Revenue Debit 7,000 7,000 Record entry Clear entry View general journal Journal entry worksheet The company purchases 14 kayaks, paying $12,000 cash. Record the appropriate journal entry. Note: Enter debits before credits. General Journal Debit Credit Date Aug 04, 2021 Record entry Clear entry View general journal Journal entry worksheet Twenty additional kayakers pay $3,000 ($150 each), in addition to the $7,000 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak clinic. Record the appropriate journal entry. Note: Enter debits before credits. General Journal Debit Credit Date Aug 10, 2021 Record entry Clear entry View general journal Journal entry worksheet I... Office supplies of $1,100 purchased on July 4 are paid in full. Record the appropriate journal entry. Note: Enter debits before credits. Date General Journal Debit Credit Aug 24, 2021 Record entry Clear entry View general journal Journal entry worksheet To provide better storage of mountain bikes and kayaks when not in use, the company rents a storage shed for one year, paying $2,520 ($210 per month) in advance. Record the appropriate journal entry. Note: Enter debits before credits. Date General Journal Debit Credit Sep 01, 2021 Record entry Clear entry View general journal Journal entry worksheet 1 13 14 15 16 17 18 27 > Tony conducts a rock-climbing clinic. The company receives $14,200 cash. Record the appropriate journal entry. Note: Enter debits before credits. General Journal Debit Credit Date Sep 21, 2021 Record entry Clear entry View general journal Journal entry worksheet 1 14 15 16 17 18 19 27 Tony conducts an orienteering clinic. Participants practice how to understand a topographical map, read an altimeter, use a compass, and orient through heavily wooded areas. The company receives $18,300 cash. Record the appropriate journal entry. Note: Enter debits before credits. General Journal Debit Credit Date Oct 17, 2021 Record entry Clear entry View general journal Journal entry worksheet IEE. Tony decides to hold the company's first adventure race on December 15. Four-person teams will race from checkpoint to checkpoint using a combination of mountain biking, kayaking, orienteering, trail running, and rock-climbing skills. The first team in each category to complete all Note: Enter debits before credits. General Journal Debit Credit Date Dec 01, 2021 Record entry Clear entry View general journal Journal entry worksheet .... The company pays $1,800 to purchase a permit from a state park where the race will be held. The amount is recorded as a miscellaneous expense. Record the appropriate journal entry. Note: Enter debits before credits. Date General Journal Debit Credit Dec 08, 2021 Record entry Clear entry View general journal Journal entry worksheet The company pays Victor's salary of $1,600. Record the appropriate journal entry. Note: Enter debits before credits. General Journal Debit Credit Date Dec 16, 2021 Record entry Clear entry View general journal Journal entry worksheet 1 20 21 22 23 24 25 26 27 > The company pays a dividend of $4,800 ($2,400 to Tony and $2,400 to Suzie). Record the appropriate journal entry. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2021 Record entry Clear entry View general journal Journal entry worksheet