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Required information Great Adventures Problem AP10-1 [The following information applies to the questions displayed below) Tony and Suzie have purchased land for a new comp:

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Required information Great Adventures Problem AP10-1 [The following information applies to the questions displayed below) Tony and Suzie have purchased land for a new comp: 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 turned 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, 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 St par value common stock at St per share. The following transactions affect stockholders' equity during the remainder of 2022 November. 3 Issue an additional 120,000 Bares of common stock for $10 per share November 16 Pure 12,000 shares of its own common stock ... trasy stock) for $25 per share November 24 Resell 6,000 shares of treasury stock at $26 per share December 1 Declare cash dividend on its common stock of $13,000 $0.10 per here to all stockholders of record on December 15. December 20 Pay the cash dividend declared on December 1. December: Pay 50,000 for construction of new cabins and other facilities. The entire expenditures recorded in the buildings account Great Adventures Problem AP10-1 Part 1 Required: 1. Record each of these transactions. If no entry is required for a particular transaction event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet

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