Fony and Suzle are ready to expand Great Adventures even further in 2025. Tony belleves that mary gratap in mhe comamanily uroi. example, Boys and Girls Clubs, church groups, civic groups, and local businessest would the to hoid one day outings for theo members. Groups would engage in outdoor actlvities such as rock climbing, lishing, capture the flag, painitial, theasure thints scivenger hunts, nature hikes, and so on. The purpose of these one day events would be for each miember of the groap of tharn tife importance of TEAM (Together Everyone Achieves More). Tony knows that most people are not famitiar with these types of activilieslso to encourage business he allows groups iep parficpite in the event before paying. He offers a 5% quick payment discount to those that pay within 10 daya after the event. I au also ona anters that at least eighit hours of outdoor activities will be provided or the customer wilf recelve a 208 discourt for thie first lie mongis of the year, the following activities, occur for TEAM operations. fner 54,506 santi. \$2, sou. Great Adventurns provides these beivis as an account. Myees iegreet to pay arithin 10 -Alays. reculyablo to replace the existing account roceivahle Required: Consider the following infocmation as of Jurie 30.2025. Karch. 27 Great Adventurngog, and Meyno1dts agrees to nay within 3e day: and the eveet. is schnoduled for the following week. April it the reas adyenture is held for menobers of the tiks todge. Myens agroes to pay within 30 days. Myers Mamufacturing falls to pay the anount oned within the specified period and aurest to sien a tires nith; as aeter Consider the following information as of June 30, 2025 - Suzie estimates uncollecible accounts to be 10% of accounts receivable from the MBA groups on June 15 . Recoini ithe ichuchinia entry for uncollectible accounts: - Accrue one month of interent on the note recelvable from Myeis Manufacturing. - Nate payable is due in 2 ycars. in the flust accosiont fleld.) Journal entry worksheet Journal entry worksheet Record the closing entry for expense accounts. Note: Enter debits before credits. GREAT ADVENTURES, INCORPORATED Income Statement For the Period Ended June 30, 2025 Revenue: GREAT ADVENTURES, INCORPORATED Balance sheet. June 30,2025 Assets Liabilities Current Assets: Income statement.

1. Fony and Suzle are ready to expand Great Adventures even further in 2025. Tony belleves that
mary gratap in mhe comamanily uroi. example, Boys and Girls Clubs, church groups, civic
groups, and local businessest would the to hoid one day outings for theo members. Groups would
engage in outdoor actlvities such as rock climbing, lishing, capture the flag, painitial, theasure
thints scivenger hunts, nature hikes, and so on. The purpose of these one day events would be for
each miember of the groap of tharn tife importance of TEAM (Together Everyone Achieves
More). Tony knows that most people are not famitiar with these types of activilieslso to
encourage business he allows groups iep parficpite in the event before paying. He offers a 5%
quick payment discount to those that pay within 10 daya after the event. I au also ona anters that
at least eighit hours of outdoor activities will be provided or the customer wilf recelve a 208
discourt for thie first lie mongis of the year, the following activities, occur for TEAM operations.
fner 54,506 santi. $2, sou. Great Adventurns provides these beivis as an account. Myees iegreet
to pay arithin 10 -Alays. reculyablo to replace the existing account roceivahle Required:
Consider the following infocmation as of Jurie 30.2025.
Karch. 27 Great Adventurngog, and Meyno1dts agrees to nay within 3e day: and the eveet. is
schnoduled for the following week. April it the reas adyenture is held for menobers of the tiks
todge. Myens agroes to pay within 30 days. Myers Mamufacturing falls to pay the anount oned
within the specified period and aurest to sien a tires nith; as aeter Consider the following
information as of June 30, 2025 - Suzie estimates uncollecible accounts to be 10% of accounts
receivable from the MBA groups on June 15 . Recoini ithe ichuchinia entry for uncollectible
accounts: - Accrue one month of interent on the note recelvable from Myeis Manufacturing. -
Nate payable is due in 2 ycars. in the flust accosiont fleld.) Journal entry worksheet
Journal entry worksheet
Record the closing entry for expense accounts. Note: Enter debits before credits.
GREAT ADVENTURES, INCORPORATED Income Statement For the Period Ended June 30,
2025 Revenue:
GREAT ADVENTURES, INCORPORATED Balance sheet. June 30,2025 Assets Liabilities
Current Assets: Income statement