Tonys favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of property for sale. He turned to Suzie and said, Ive always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place. On November 1, 2025, Great Adventures purchased the land by issuing a $820,000, 6%, 10-year installment note to the seller. Payments of $9,104 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $9,104 includes both interest expense and principal payments (i.e., reduction of the loan amount).

Prepare the general journal, general ledger, trial balance, income statement, and balance sheet.