Please Put the answer in a general journal format. 
General Irldl Income Require... Journal Ledger Balance Statem... Sheet 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 1 Date Nov 05 Debit 1,140,00 General Journal Cash Common Stock Additional Paid-in Capital 114,000 1,026,00 2 Nov 16 250,800 Treasury Stock Cash 250,800 3 Nov 24 124,200 Cash Treasury Stock Additional Paid-in Capital 118,800 5,400 4 Dec 01 12,800 Dividends Dividends Payable 12,800 5 Dec 20 12,800 Dividends Payable Cash ssssss 88&ss ss ssssssssssss 12,800 6 Dec 30 Buildings Cash 835,000 835,000 7 Dec 31 Service Revenue Sales Revenue XXX X x x x 8 Dec 31 X x x Retained Earnings Cost of Goods Sold Depreciation Expense Supplies Expense Salaries Expense Bad Debt Expense Interest Expense Rent Expense Income Tax Expense Insurance Expense Repairs and Maintenance Expense Warranty Expense Loss X x X x X x X x SS SSO 9 Dec 31 12,800 Retained Earnings Dividends 12,800 Great Adventures Problem AP10-1 (GL) Require... Journal Ledger Tony and Suzle have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank tumed them down as too risky, Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp. X Answer is not complete. General General Income Balance Balance Statem... Sheet 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.) No Date General Journal Debit Credit 1 Nov 06 Cash 1,140,00 Common Stock 114.000 Additional Paid-in Capital 1,026,007 2 Nov 16 Treasury Stock 250,800 Cash 250,400 Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2021, Tony and Suzie each purchased 10,000 shares (20,000 shares total of $1 par value common stock at $1 per share. The following transactions affect stockholders' equity during the remainder of 2022: 3 Nov 24 Cash Treasury Stock Additional Paid-in Capital 124,206 118.800 5,4007 Dec 01 12,800 Dividends Dividends Payable 12,800 Novenber 5 Issue an additional 114,890 shares of common stock for $10 per share. Novenber 16 Purchase 11,400 shares of its own cannon stock (i.e., treasury stock) for $22 per share. November 24 Resell 5,480 shares of treasury stock at $23 per share December 1 December 15. Declare a cash dividend on its common stock of $12,800 ($8.10 per share) to all stockholders of record on Decenber20 Pay the cash dividend declared on December 1. Decenber31 Pay. Saa5, age for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account. 5 Dec 20 Dividends Payable Cash 12,BOC 12,800 6 Dec 30 Buildings Cash 835,000 835,000 Requirement General Journal 9 8 Income Statement General Ledger Trial Balance Balance Sheet 7 Dec 31 Service Revenue Sales Revenue 8 Dec 31 1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Review the Trial Balance' as of December 31, 2022, in the 'Trial Balance' tab. 3. Prepare a multiple-step income statement for the period ended December 31, 2022, in the 'Income Statement' tab. 4. Prepare a classified balance sheet as of December 31, 2022, in the 'Balance Sheet' tab. 5. Record the closing entries in the 'General Journal' tab. Retained Earnings Cost of Goods Sold Depreciation Expense Supplies Expense Salarias Expense Bed Debt Expense Interest Expense Rent Expanse Income Tax Expanse Insurance Expense Repairs and Maintenance Expense Warranty Expense Loss 9 Dec 31 Ratained Earnings Didends
