need help getting the retaining balance, can you please provide step by step on how to achieve this? I provided the full question so you can have all the information so this can make sense. thank you

Great Adventures Problem Ap9-1 (GL) Tony's favorte memories of his chlidhood were the times he spert with his dad at camp. Tony was daydreaming of those diys a bit as he and 5 urie jogged along a nature trail and came across a wonderful piece of property for sale. He tumed to Surie and taid. "Twe always wanted to stant a cwmp where families could get awity and spend some quality time together. If we jist had the money, I know this would be the perfect ptace." On Novernber 1, 2022. Great? Actventures purchased the lend by issuing a 5620,000,6%,10-year irataliment note to the sellec. Payments of $6,883 we required at the end of each month over the Ho of the 70year loan. Each monthly payment of $6,883 includes both. interest experse and principal payments fie. reduction of the loan amount). Late that night Tany exciaimed, We now hwe land for our new camp, this has to be the best news evert" Suale said, "There's something else I need to tet you. I'm expectingl" They decided right then. if a was a boy, they would name him Venture (X) Answer is not complete. Prepare the journal entries for transacti fow wint galhnee required for a particular transaction/event, select No Joumal Ef Trial Balance se first account fiald i Great Adventures Problem AP9-1 (GL) Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydrea those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of propert) turned to Suzie and said, "Tve always wanted to start a camp where families could get away and spend sor time together. If we just had the money. I know this would be the perfect place." On November 1, 2022, Gre Adventures purchased the land by issuing a $620,000,6%,10-year installment note to the seller. Payments are required at the end of each month over the life of the 10-year loan. Each monthly payment of $6,883 ind interest expense and principal payments (i.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" Si "There's something else I need to tell you. I'm expectingl" They decided right then, if it was a boy, they wou Venture. 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.) Journal entry worksheet Prepare the closing entry for revenue accounts. Note: Enter debits before credits. Great Adventures Problem AP9-1 (GL) 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, "'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, 2022, Great Adventures purchased the land by issuing a $620,000,6%,10-year installment note to the seller. Payments of $6,883 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $6,883 includes both interest expense and principal payments (i.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!" Suzle sald, "There's something else I need to tell you. I'm expectingl" They decided right then, if it was a boy, they would name him Venture. 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.) Journal entry worksheet Prepare the closing entry for expense and loss accounts. Note: Enter debits before credits. Great Adventures Problem AP9-1 (GL) 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 Suzle jogged along a nature tral and came across a wonderful piece of property for sale. He turned to Suzle and said, "Five 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, 2022, Great Adventures purchased the land by issuing a $620,000,6%,10-year installment note to the seller. Payments of $6,883 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $6,883 includes both Interest expense and principal payments (i.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. I'm expectingl" They decided right then, if it was a boy, they would name him Venture. Prepare a classified balance sheet as of December 31, 2022. Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, or post-closing balances will appear for each account, based on your selection. Great Adventures Problem APg-1 (GL) 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 tral and came across a wonderful piece of property for sale. He turned to Suzle and said. "Tve always wanted to start a camp where families could get oway and spend some quality time together. If we just had the money, I know this would be the perfect place. On November 1. 2022. Great. Adventures purchased the land by issuing a $620,000,6%,10-year installment note to the seller. Payments of $6,883 are required at the end of each month over the life of the to-year loan. Each monthly payment of $6,883 includes both interest expense and principal payments (i.e., reduction of the loan amount). Late that night Tony exclaimed, "We now have land for our new camps this has to be the best news evert" Suzie said. "There's something else I need to tell you, I'm expectingl" They decided right then, If it was a boy, they would name him Venture. Prepare an income statement for the period ended December 31, 2022. Choose the appropriate accounts to complete the company's income statement. The unadjusted, or post-closing balances will appear for each account, based on your selection