Please show in t- accounts and trial balance.

PERSPECTIVES Great Adventures (This is a continuation of the Great Adventures problem from Chapter AP2-1 Tony and Suzie graduate from college in May 2018 and bue business. They begin by offering begin developing their new clinics for basic outdoor activities such as mountain biking or ing a customer base, they'Il hold their first adventure races. These race that race from one checkpoint to the next using a combination of Kayaking mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and d evelop a ropes course for outdoor enthusiasts On July 1, 2018, Tony and Suzi Inc. The articles of incorporation S1 each. Each share of stock of the company. The following e organize their new company as a corporation, Great Adventures state that the corporation will sell 20,000 shares of common stock represents a unit of ownership. Tony and Suzie will act as co-president for ving business activities occur during July for Great Adventures activities uly 1Sell $10,000 of common stock to Suzie Sell $10,000 of common stock to Tony Purchase a injuries to participants during outdoor clinics. Pay legal fees of $1,500 associated with incorporation. Purchase office supplies of $1,800 on account Pay for advertising of $300 to a local newspaper for an upcoming mountain biking clinic to be held on July 15. Attendees will be charged $50 the day of the clinic. Purchase 10 mountain bikes, paying $12,000 cash. On the day of the clinic, Great Adventures receives cash of $2,000 from 40 bikers. Tony conducts the mountain biking clinic Because of the success of the first mountain biking clinic, Tony holds another mountain biking clinic and the company receives $2,300. Pay for advertising of $700 to a local radio station for a kayaking clinic to be held on August 10. Attendees can pay $100 in advance or $150 on the day of the clinic. one-year insurance policy for $4,800 (5400 per month) to cover 15 24 Great Adventures receives cash of $4,000 in advance from 40 kayakers for the upcoming kayak clinic. 30