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Tony and Suzle see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July

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Tony and Suzle see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1, 2025, for $12,800. They expect to use the Suburban for five years and then sell the vehicle for $4,900. The following expenditures related to the vehicle were also made on July 1, 2025: - The company pays $2,000 to GECCO for a one-year insurance policy. - The company spends an extra $3,800 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides. - An additional \$2,200 is spent on a deluxe roof rack and a traller hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition, on rotating the tires, and inserting a new air filter. The balance sheet is the accounting equation: Assets = Llabilitbes + Equity. Each asset and llability account is reported separately on the balance sheet. The unadjusted, adjusted, or post-dosing balances will appear for each account, based on your selection. At the end of 2025, the following informotion is avalioble for Grest Advertures. - Addrional interest for ffue montis neods to be sccrued on the $32,800,69 note paysble obtained on August 1, 2024. Recal that annual interest is poild each July 31 . - Assume thot $12,800 of the $32,800 note dscussed above is due next yeac. Record the entry to reciassify the current portion of the long-term note. - By the end of the year, $20,000 in gitt cards heve been redeemed. The company had sold git cards of $27,800 during the year and recorded those m Deferrod Revenue. - Great Adventures is a defendant in ititgation involving a biking accident during one of ts adventure races. The compary believes the likelthood of peyment occurring is proboble, and the estimated amount to be paid is $14,800. - For saies of MU watches, Great Adventures offers a warranty against defect for one yeat, At the end of the year, the comparny estimates future warranty costs to be $6,800. Nobice the dropdown below that glves the eptions to seiect the unadjusted, adjusted or post-closing trial balance. The option you choose wit be the values used te populate the income ckaternent and batance shect tabs. At the end of 2025, the following Information is avallable for Great Advertures. - Addittonal Interest for flue montiz needs to be accrued on the $32,800,6% note poyable obtained on August 1, 2024. Rincall that annual interest is pold cach July 31 . - Assume that $12,800 of the $32,800 note dscussed above is due next year. Record the cntry to reclassily the current portion of the long-term note. - By the end of the yeor, $20,000 in gitt cards have been redeemed. The company had sold gift cards of $27,800 during the year and recorded those as Deferrod Revenue. - Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The comparry believes the isceithood of payment occurring is probable, and the estimated amount to be paid is $14,800. - For sales of MU watches, Great Adventures offers a warranty against defoct for one year. At the end of the year, the compary estimates future warranty costs to be $6,900. Prepare a dassined balance sheot as of December 31, 2025. Dhocse the appropriate accounts to complate the company's balance sheet. The unadjusted, adjusted, oe post-cisaing balances will appear for each account, based an your selection. Tony and Suzle see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1, 2025, for $12,800. They expect to use the Suburban for five years and then sell the vehicle for $4,900. The following expenditures related to the vehicle were also made on July 1, 2025: - The company pays $2,000 to GECCO for a one-year insurance policy. - The company spends an extra $3,800 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides. - An additional \$2,200 is spent on a deluxe roof rack and a traller hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition, on rotating the tires, and inserting a new air filter. The balance sheet is the accounting equation: Assets = Llabilitbes + Equity. Each asset and llability account is reported separately on the balance sheet. The unadjusted, adjusted, or post-dosing balances will appear for each account, based on your selection. At the end of 2025, the following informotion is avalioble for Grest Advertures. - Addrional interest for ffue montis neods to be sccrued on the $32,800,69 note paysble obtained on August 1, 2024. Recal that annual interest is poild each July 31 . - Assume thot $12,800 of the $32,800 note dscussed above is due next yeac. Record the entry to reciassify the current portion of the long-term note. - By the end of the year, $20,000 in gitt cards heve been redeemed. The company had sold git cards of $27,800 during the year and recorded those m Deferrod Revenue. - Great Adventures is a defendant in ititgation involving a biking accident during one of ts adventure races. The compary believes the likelthood of peyment occurring is proboble, and the estimated amount to be paid is $14,800. - For saies of MU watches, Great Adventures offers a warranty against defect for one yeat, At the end of the year, the comparny estimates future warranty costs to be $6,800. Nobice the dropdown below that glves the eptions to seiect the unadjusted, adjusted or post-closing trial balance. The option you choose wit be the values used te populate the income ckaternent and batance shect tabs. At the end of 2025, the following Information is avallable for Great Advertures. - Addittonal Interest for flue montiz needs to be accrued on the $32,800,6% note poyable obtained on August 1, 2024. Rincall that annual interest is pold cach July 31 . - Assume that $12,800 of the $32,800 note dscussed above is due next year. Record the cntry to reclassily the current portion of the long-term note. - By the end of the yeor, $20,000 in gitt cards have been redeemed. The company had sold gift cards of $27,800 during the year and recorded those as Deferrod Revenue. - Great Adventures is a defendant in litigation involving a biking accident during one of its adventure races. The comparry believes the isceithood of payment occurring is probable, and the estimated amount to be paid is $14,800. - For sales of MU watches, Great Adventures offers a warranty against defoct for one year. At the end of the year, the compary estimates future warranty costs to be $6,900. Prepare a dassined balance sheot as of December 31, 2025. Dhocse the appropriate accounts to complate the company's balance sheet. The unadjusted, adjusted, oe post-cisaing balances will appear for each account, based an your selection

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