[The following information applies to the questions displayed below.] Tony and Suzie are ready to expand Great Adventures even further in 2022. Tony believes that many groups in the community (for example, Boy Scouts, church groups, civic groups, and local businesses) would like to hold one-day outings for their members. Groups would engage in outdoor activities such as rock climbing, fishing, capture the flag. paintball, treasure hunts, scavenger hunts, nature hikes, and so on. The purpose of these one-day events would be for each member of the group to learn the importance of TEAM (Together Everyone Achieves More). Tony knows that most people are not familiar with these types of activities, so to encourage business he allows groups to participate in the event before paying. He offers a 5% quick-payment discount to those that pay within 10 days after the event. He also guarantees that at least eight hours of outdoor activities will be provided or the customer will receive a 20% discount. For the first six months of the year, the following activities occur for TEAM operations. Jan. 24 Great Adventures purchases outdoor gear such as ropes, helmets, harnesses, compasses, and other miscellaneous equipment for $5,000 cash. Feb. 25Mr. Kendal1's Boy scout troop participates in a one-day TEAM adventure. Normally, Tony would charge a qroup of thin size $3,500, but he wants to encourage kids to exercise more and enjoy the outdoors so he charges the qroup on 1y,53,000. Great Adventures provides these services on account. Feb. 28 The Doy Scout troop pays the full amount owed, less the 51 quick-payment discount. Max. 19 Reynold's Management has its employees participate in a one-day TEAM adventure. Great Adventures provides servicen on account for $4,000, and Reynold's agrees to pay within 30 days. Max. 27 reynold' 5 pays the full anount owed, less the 5 quick-payment discount. Apr. I Several men from the ziks Lodge decide to partiolpate in a TEAM adventure. They pay \$7, 500, and the event is scheduled for the folloring week. Apr. 14 the TEAM adventure in held for mombers of the E1ke Lodge. APF. 30 Myers Manufacturing partieipates in a TENM adventure. Great Adventures provides hervices on account Yey 31 Myer 56,000 , and Myern agrees to pay within 30 days. May 31 Myern Manufacturing fails to pay the anount owed within the speoified period and agreos to aign a three-month, it note recelvable to replace the existing account receivable. Jun. 15 several man groupe partiolpate in TRAM adventures. Great Adventures provides services on account for $24,000 to these groups. with payment due in fuly. Journal entry worksheet Record adjusting entry for uncollectible accounts. Note: Enter debits before credits. Journal entry worksheet Record the accrued interest revenue. Note: Enter debits before credits. c. Prepare a partial balance sheet showing the net accounts receivable section. (Amounts to be deducted should be indicated by a minus sign.)