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Tony and are ready to expand Great Adventures even further in 2019. Tony believes that many groups in the community for example. Boy Scouts, church

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Tony and are ready to expand Great Adventures even further in 2019. Tony believes that many groups in the community for example. Boy Scouts, church groups, civic groups, and local businesses would like to bold 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 even 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. Record TEAM adventure transactions occurring during the first six months of 2019. As of June 30, 2019, Great Adventures finishes its first 12 months of operations. If Suzie wants to prepare financial statements, part of the process would involve allowing for uncollectible accounts receivable. Suppose Suzie estimates uncollectible accounts to be 10% of accounts receivable (which does not include the $6,000 note receivable from Myers Manufacturing). Record the adjustment for uncollectible accounts on June 30, 2019. Prepare a partial balance sheet showing the net accounts receivable

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