Tony and Suzie graduate from college in May 2018 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking. Upon developing a customer base, theyll hold their first adventure races. These races will involve four-person teams that race from one checkpoint to the next using a combination of kayaking, mountain biking, orienteering, and trail running. In the long run, they plan to sell outdoor gear and develop a ropes course for outdoor enthusiasts.

I finished most of the question, however, I need the rest of the General Journal (specifically the closing entries for the revenue, expenses and cash dividends in the format I have provided in the pictures below). I also need the Income Statement, the Statement of SE and the Balance Sheet shown in the last 3 pictures (There's also a drop down for each of those 3 that lets you choose Unadjusted, Adjusted and Post-Closing and it naturally has them all selected as Adjusted, but I'm not sure if that's all correct or not so please state at the top of each which of the 3 they are). The format for each has been provided as well as all the information that is needed to answer it. Thank you!

Sep. 1 To provide better storage of mountain bikes and kayaks when not in use, the company rents a storage shed, purchasing a one-year rental policy for $3,360 ($280 per month). Sep. 21 Tony conducts a rock-climbing clinic. The company receives $13,400 cash. Oct. 17 Tony conducts an orienteering clinic. Participants practice how to understand a topographical map, read an altimeter, use a compass, and orient through heavily wooded areas. The company receives $19,100 cash. Dec. 1 Tony decides to hold the company's first adventure race on December 15. Four- person teams will race from checkpoint to checkpoint using a combination of mountain biking, kayaking, orienteering, trail running, and rock-climbing skills. The first team in each category to complete all checkpoints in order wins. The entry fee for each team is $550. Dec. 5 To help organize and promote the race, Tony hires his college roommate, Victor. Victor will be paid $40 in salary for each team that competes in the race. His salary will be paid after the race. Dec. 8 The company pays $1,000 to purchase a permit from a state park where the race will be held. The amount is recorded as a miscellaneous expense Dec. 12 The company purchases racing supplies for $2,300 on account due in 30 days. Supplies include trophies for the top-finishing teams in each category, promotional shirts, snack foods and drinks for participants, and field markers to prepare the racecourse. Dec. 15 The company receives $22,000 cash from a total of forty teams, and the race is held. Dec. 16 The company pays Victor's salary of $1,600. Dec. 31 The company pays a dividend of $4,400 ($2,200 to Tony and $2,200 to Suzie). Dec. 31 Using his personal money, Tony purchases a diamond ring for $3,600. Tony surprises Suzie by proposing that they get married. Suzie accepts and they get married! The following information relates to year-end adjusting entries as of December 31, 2018. a. Depreciation of the mountain bikes purchased on July 8 and kayaks purchased on August 4 totals $7,800. b. Six months' worth of insurance has expired. c. Four months' worth of rent has expired. d. Of the $1,000 of office supplies purchased on July 4, $370 remains. e. Interest expense on the $32,000 loan obtained from the city council on August 1 should be recorded. f. Of the $2,300 of racing supplies purchased on December 12, $180 remains. g. Suzie calculates that the company owes $14,100 in income taxes. g. Suzie calculates that the company owes $14,100 in income taxes. Requirement General Journal General Ledger Trial Balance Income Statement Statement of Balance Sheet SE Prepare the journal entries for transactions. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet Prepare the closing entry for revenue. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2018 Record entry Clear entry View general journal Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Prepare the journal entries for transactions. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet Prepare the closing entry for expenses. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2018 Record entry Clear entry View general journal Statement of Balance Sheet Requirement General Journal General Ledger Trial Balance Income Statement SE Prepare the journal entries for transactions. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet Prepare the closing entry for cash dividends. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31, 2018 Record entry Clear entry View general journal Trial Balance December 31, 2018 Account Title Credit Debit 97,720 630 200 4,080 18,000 21,000 7,800 2,300 1,600 800 -Cash Supplies (Office) Supplies (Racing) Prepaid rent Prepaid insurance -Equipment (Bikes) -Equipment (Kayaks) Accumulated depreciation Accounts payable Salaries payable Interest payable Income taxes payable Deferred revenue Notes payable Common stock Dividends Service revenue (Clinic) Service revenue (Racing) Advertising expense Depreciation expense Supplies expense (Office) Supplies expense (Racing) Interest expense Rent expense Income tax expense Legal fees expense Insurance expense Miscellaneous expense Total 14,100 3,200 32,000 39,000 4,400 58,000 22,000 940 7,800 370 4,420 800 1,120 14,100 1,100 2,040 1,000 181,320 S 181,320 Requirement General Journal General Ledger Trial Balance Income Statement Statement of Balance Sheet SE Choose the appropriate accounts to be reported on the income statement. Select the 'adjusted from the dropdown, which will then populate the balances in those accounts from the trial balance. Adjusted GREAT ADVENTURES, Inc. Income Statement December 31, 2018 Revenues: Total revenues Expenses: Total expense Statement of Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet SE Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the balance indicated. Adjusted - GREAT ADVENTURES, Inc. Statement of Stockholders' Equity For the year ended December 31, 2018 Common Stock Retained Earnings Total Stockholders' Equity 39,000 39,000 (4,400) 4,400 (4,400) 34,600 $ 39,000 $ Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. Adjusted - GREAT ADVENTURES, Inc. Balance Sheet December 31, 2018 Liabilities Current liabilities: Assets Current assets: Total current liabilities Stockholders' Equity Total current assets Long-term assets: Total stockholders' equity Total liabilities and stockholders' equity Total assets S 0 s