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RWP8-1 (Algo) Great Adventures Continuing Case (GL) At the end of 2025, the following information is available for Great Adventures: - Additional interest for five

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RWP8-1 (Algo) Great Adventures Continuing Case (GL) At the end of 2025, the following information is available for Great Adventures: - Additional interest for five months needs to be accrued on the $33,400,6% note payable obtained on August 1, 2024. Recall that annual interest is paid each July 31. - Assume that $13,400 of the $33,400 note discussed above is due next year. Record the entry to reclassify the current portion of the long-term note. - By the end of the year, $20,000 in gift cards have been redeemed. The compony had sold gift cards of $28,400 during the year and recorded those as Deferred Revenue. - Great Adventures is a defendant in litgation involving a biking accident during one of its adventure races. The company believes the likeinood of payment occurring is proboble, and the estimated amount to be poid is $15.400. - For sales of Mu watches, Great Adventures offers a warranty against defect for one year. At the end of the yeat, the company estimates future warranty costs to be $7,400. Prepare a classified balance sheet as of December 31, 2025. Choose the appropriate accounts to complete the company's balance sh The unodjusted, adjusted, or post-closing balances will appear for each account, based on your selection

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