Jul. 1 Sell $13,000 of common stock to Suzie. Jul. 1 Sell $13,ese of common stock to Tony. Jul. 1 Purchase a one-year insurance policy for $3.680 ($300 per month) to cover injuries to participants during outdoor clinics. Jul. 2 Pay legal fees of $1,880 associated with incorporation. Jul. 4 Purchase office supplies of $2,000 on account. Jul. 7 Pay for advertising of 524e to a local newspaper for an upcosing mountain biking clinic to be held on July 15. Attendees will be charged $40 on the day of the clinic. Jul. 8 Purchase 18 mountain bikes, paying $13,200 cash. Jul. 15 On the day of the clinic, Great Adventures receives cash of $2,899 fron 50 bikers. Tony conducts the mountain biking clinic. Jul. 22 Because of the success of the first mountain biking clinic, Tony holds another mountain biking clinic and the company receives $2,600. Jul. 24 Pay 5800 to a local radio station for advertising to appear inmediately. A kayaking clinic will be held on August 10, and attendees can pay $130 in advance or $180 on the day of the clinic. Jul. 30 Great Adventures receives cash of $7,800 in advance from 60 kayakers for the upcoming kayak clinic. Aug. 1 Great Adventures obtains a $36,000 low-interest loan for the company from the city council, which has recently passed an initiative encouraging business development related to outdoor activities. The loan is due in three years, and 6% annual interest is due each year on July 31. Aug. 4 The company purchases 14 kayaks, paying $19,600 cash. Aug. 10 Twenty additional kayakers pay $3,600 ($180 each), in addition to the $7,500 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak clinic. Aug. 17 Tony conducts a second kayak clinic, and the company receives $12,300 cash. Aug. 24 Office supplies of $2,000 purchased on July 4 are paid in full. Sep. 1 To provide better storage of mountain bikes and kayaks when not in use, the company rents a storage shed for one year, paying 52,520 ($210 per month) in advance. Sep. 21 Tony conducts a rock-climbing clinic. The company receives $14,200 cash. Oct. 17 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 $19,500 cash. Dec. 1 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 checkpoints in order wins. The entry fee for each team is 5660. Worth 22 points Aug 4 The company purchases 14 kayaks, paying $19,600 cash. ALE. 10 Twenty additional kayakers pay $3,60 ($130 each), in addition to the $7, that was paid in advance on July 3a, on the day of the clinic. Tomy conducts the first kayak it. Aug. 17 Tony conducts a second Layak clinic, and the company receives $12,00 cash AE. 24 Office supplies of $2.00 purchased on July 4 are paid in full. Sep. 1 To provide better storage of wountain bikes and kayaks when not in use, the company rents a storage shed for one year, pay $2,520 (5210 per month) in advance. Sep. 21 Tory conducts a rock climbing clinic. The company receives $14,200 cash. Oct. 17 Tony conducts orienteering clinic. Participants practice how to understand a topographical read an altiter, we compass, und erlent through heavily wooded areas. The y receives $19.500 cash. Dec. 1 Tony decides to hold the company's first adventure race on December 15. Four person te 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 checkpoints in order wins. The entry fee for each tean is 5660 Dec. 5 To help organize and promote the race, Tony wires his college roomate, Victor. Victor will be paid sein salary for each team that competes in the race. Mis salary will be paid after the race. Dec. The company pays $1,200 to purchase a permit from a state part where the race will be held. The amount is recorded as a miscellaneous expense. Dec. 12 The company purchases racing supplies for $2,500 on account due in 30 days. Supplies include trophies for the top-finishing teams in each category, promotional shirts, Snack foods and drinks for participants, and field markers to prepare the racecourse. Dec. 15 The company receives 526,00 cash from total of forty teams, and the race is held. Dec. 16 The company pays Victor's salary of $2,00 Dec. 31 The company pays a dividend of 54,100 (52.50 to Tony and $2.050 to Sube). Dec.31 Using his personal money. Tony purchases a diamond ring for $4, Tony surprises Susie by proposing that they get married. Sutie accepts and they get married! testo yar i ng en as of December 31, 2021 Deprecation of the mountainbikes punched on and purchased on Augusti S 500 Somos ese n ce policy chased on the pred c. Four months of the one year agreement purchased on September tha t d. or the $2.000 office woolles purchased on July 4 $200 ans. Interest expense on the $6.000 loan o inetrom the city council on August should be recorded of the $2.500 of suis purchased on December 12 240 remains Sue calculates that the com e s 13 500 in income here to search 8. Jul. 1 Sell $13,000 of common stock to Suzie. Jul. 1 Sell $13,ese of common stock to Tony. Jul. 1 Purchase a one-year insurance policy for $3.680 ($300 per month) to cover injuries to participants during outdoor clinics. Jul. 2 Pay legal fees of $1,880 associated with incorporation. Jul. 4 Purchase office supplies of $2,000 on account. Jul. 7 Pay for advertising of 524e to a local newspaper for an upcosing mountain biking clinic to be held on July 15. Attendees will be charged $40 on the day of the clinic. Jul. 8 Purchase 18 mountain bikes, paying $13,200 cash. Jul. 15 On the day of the clinic, Great Adventures receives cash of $2,899 fron 50 bikers. Tony conducts the mountain biking clinic. Jul. 22 Because of the success of the first mountain biking clinic, Tony holds another mountain biking clinic and the company receives $2,600. Jul. 24 Pay 5800 to a local radio station for advertising to appear inmediately. A kayaking clinic will be held on August 10, and attendees can pay $130 in advance or $180 on the day of the clinic. Jul. 30 Great Adventures receives cash of $7,800 in advance from 60 kayakers for the upcoming kayak clinic. Aug. 1 Great Adventures obtains a $36,000 low-interest loan for the company from the city council, which has recently passed an initiative encouraging business development related to outdoor activities. The loan is due in three years, and 6% annual interest is due each year on July 31. Aug. 4 The company purchases 14 kayaks, paying $19,600 cash. Aug. 10 Twenty additional kayakers pay $3,600 ($180 each), in addition to the $7,500 that was paid in advance on July 30, on the day of the clinic. Tony conducts the first kayak clinic. Aug. 17 Tony conducts a second kayak clinic, and the company receives $12,300 cash. Aug. 24 Office supplies of $2,000 purchased on July 4 are paid in full. Sep. 1 To provide better storage of mountain bikes and kayaks when not in use, the company rents a storage shed for one year, paying 52,520 ($210 per month) in advance. Sep. 21 Tony conducts a rock-climbing clinic. The company receives $14,200 cash. Oct. 17 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 $19,500 cash. Dec. 1 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 checkpoints in order wins. The entry fee for each team is 5660. Worth 22 points Aug 4 The company purchases 14 kayaks, paying $19,600 cash. ALE. 10 Twenty additional kayakers pay $3,60 ($130 each), in addition to the $7, that was paid in advance on July 3a, on the day of the clinic. Tomy conducts the first kayak it. Aug. 17 Tony conducts a second Layak clinic, and the company receives $12,00 cash AE. 24 Office supplies of $2.00 purchased on July 4 are paid in full. Sep. 1 To provide better storage of wountain bikes and kayaks when not in use, the company rents a storage shed for one year, pay $2,520 (5210 per month) in advance. Sep. 21 Tory conducts a rock climbing clinic. The company receives $14,200 cash. Oct. 17 Tony conducts orienteering clinic. Participants practice how to understand a topographical read an altiter, we compass, und erlent through heavily wooded areas. The y receives $19.500 cash. Dec. 1 Tony decides to hold the company's first adventure race on December 15. Four person te 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 checkpoints in order wins. The entry fee for each tean is 5660 Dec. 5 To help organize and promote the race, Tony wires his college roomate, Victor. Victor will be paid sein salary for each team that competes in the race. Mis salary will be paid after the race. Dec. The company pays $1,200 to purchase a permit from a state part where the race will be held. The amount is recorded as a miscellaneous expense. Dec. 12 The company purchases racing supplies for $2,500 on account due in 30 days. Supplies include trophies for the top-finishing teams in each category, promotional shirts, Snack foods and drinks for participants, and field markers to prepare the racecourse. Dec. 15 The company receives 526,00 cash from total of forty teams, and the race is held. Dec. 16 The company pays Victor's salary of $2,00 Dec. 31 The company pays a dividend of 54,100 (52.50 to Tony and $2.050 to Sube). Dec.31 Using his personal money. Tony purchases a diamond ring for $4, Tony surprises Susie by proposing that they get married. Sutie accepts and they get married! testo yar i ng en as of December 31, 2021 Deprecation of the mountainbikes punched on and purchased on Augusti S 500 Somos ese n ce policy chased on the pred c. Four months of the one year agreement purchased on September tha t d. or the $2.000 office woolles purchased on July 4 $200 ans. Interest expense on the $6.000 loan o inetrom the city council on August should be recorded of the $2.500 of suis purchased on December 12 240 remains Sue calculates that the com e s 13 500 in income here to search 8