Required Information RWP10-1 (Algo) Great Adventures Continulng Case [The following Information applles to the questlons displayed below.] Tony and Suzle have purchased land for a new camp. Now they need money to bulld the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzle 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 frlends they had made through the outdoor clinlcs and TEAM events. They decided to go ahead and sell shares of stock in the company to ralse the additional funds for the camp. Great Adventures has authorized \$1 par value common stock. When the company began on July 1, 2024, Tony and Suzle 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 2025 : November 5 Issue an additional 120 ,ee shares of common stock for $10 per share. November 16 Purchase 12,000 shares of its own common stock (i.e., treasury stock) for $25 per share. November 24 Resell 6 , 000 shares of treasury stock at $26 per share. December 1 Declare a cash dividend on its common stock of $13,400 ( $0.10 per share) to all stockholders of record on December 15 . December 20 Pay the cash dividend declared on December 1. December 30 Pay $850,000 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account. RWP10-1 (Algo) Great Adventures Continuing Case Part 1 Requlred: 1. Record each of these transactions. (If no entry is requlred for a particular transactlon/event, select "No Journal Entry Required" In the flrst account fleld.) RWP10-1 (Algo) Great Adventures Continuing Case 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 flrst account fleld.)