Tony and Suzie are ready to expand Great Adventures even further in 2025. Tony believes that many groups in the community (for example, Boys and Girls Clubs, church groups, clvic groups, and local businesses) would like to hold oneday 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 Achleves 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 6% 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. January 24 Great Adventures purchanes outdoor gear such as ropes, belmets, harnenses, conpasses, and other mispellaneoun equipment for $4,600 cash. February 25 Kenda11's Hoy and Girls club participates in a one-day rzay adventure. Normally, Tony would charge a group of thin nize $3,100, but he vantin to encourage kids to exereise more and enjoy the outdoorn mo he charges the group only $2,600. Great Adventures provides these services on account. Fobruary 28 Great Adventuren receives paynent from the Boyn and Girls club for the full amount oved, lews the 6k quiek-payment discount. March 19 Reynold's Managenent has ita eeployees participate in a one-day reay adventure. Great Mdventures March 27 Grovides servicen on account for $3,600, and reynold's agreen to pay within 30 days. Great Adventures receiven paynent fran Reynold's for the ful1 anount oved, 1 ens the 61 quickApril 7 Several men from the Zlks Lodge deeide to partieipate in a teal squenture. Great Advestures April 14 Feceives 57,100 imbedfately and the event in scheduled for the folloving veek. May 31 Hyers Manufacturing fafis to pay the amount oved within the specitied period and agrees to algn a June 15 Several yas, qroupa participate in Teplace the exieting secount receivabie. for $22,000 to these groupa, with paynent due in July. RWP5-1 Part 2 Great Adventures Continuing Problem 2. Consider the following information as of June 30,2025. a. Suzle estimates uncollectible accounts to be 5% of accounts receivable from the MBA groups on June 15, Record the adjusting entry for uncollectible accounts. b. Accrue one month of interest on the note recelvable from Myers Manufecturing: c. Prepare a partial balance sheet showing the net accounts recelvable section. Complete this question by entering your answers in the tabs below. Suzie estimates uncollectible accounts to be 5% of accounts receivable from the MBA groups on June 15. Flecord the adjusting entry for uncollectible accounts. (If no entry is required for a particular transoction/event, select "No Journal Entry fiequired" in the first account (feld.) Tony and Suzie are ready to expand Great Adventures even further in 2025. Tony believes that many groups in the community (for example, Boys and Girls Clubs, church groups, clvic groups, and local businesses) would like to hold oneday 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 Achleves 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 6% 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. January 24 Great Adventures purchanes outdoor gear such as ropes, belmets, harnenses, conpasses, and other mispellaneoun equipment for $4,600 cash. February 25 Kenda11's Hoy and Girls club participates in a one-day rzay adventure. Normally, Tony would charge a group of thin nize $3,100, but he vantin to encourage kids to exereise more and enjoy the outdoorn mo he charges the group only $2,600. Great Adventures provides these services on account. Fobruary 28 Great Adventuren receives paynent from the Boyn and Girls club for the full amount oved, lews the 6k quiek-payment discount. March 19 Reynold's Managenent has ita eeployees participate in a one-day reay adventure. Great Mdventures March 27 Grovides servicen on account for $3,600, and reynold's agreen to pay within 30 days. Great Adventures receiven paynent fran Reynold's for the ful1 anount oved, 1 ens the 61 quickApril 7 Several men from the Zlks Lodge deeide to partieipate in a teal squenture. Great Advestures April 14 Feceives 57,100 imbedfately and the event in scheduled for the folloving veek. May 31 Hyers Manufacturing fafis to pay the amount oved within the specitied period and agrees to algn a June 15 Several yas, qroupa participate in Teplace the exieting secount receivabie. for $22,000 to these groupa, with paynent due in July. RWP5-1 Part 2 Great Adventures Continuing Problem 2. Consider the following information as of June 30,2025. a. Suzle estimates uncollectible accounts to be 5% of accounts receivable from the MBA groups on June 15, Record the adjusting entry for uncollectible accounts. b. Accrue one month of interest on the note recelvable from Myers Manufecturing: c. Prepare a partial balance sheet showing the net accounts recelvable section. Complete this question by entering your answers in the tabs below. Suzie estimates uncollectible accounts to be 5% of accounts receivable from the MBA groups on June 15. Flecord the adjusting entry for uncollectible accounts. (If no entry is required for a particular transoction/event, select "No Journal Entry fiequired" in the first account (feld.)