Question: Hello- I cannot figure out these last two, thank you. Tony and Suzie are ready to expand Great Adventures even further in 2025. Tony believes


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, civic groups, and local businesses) would like to hold one-day 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 Achieves 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 4% quick-payment discount to those that pay within 10 days after the event. He also guarantees that at least elght hours of outdoor activities will be provided or the customer will recelve a 20% discount. For the first six months of the year, the following activities occur for TEAM operations. January 24 Great Adventures purchases outdoor gear such as ropes, helmets, harnesses, compasses, and other miscellaneous equipment for $4,100 cash. February 25 Kendall's Boys and Girls Club participates in a one-day TEAM adventure. Normally, Tony would charge a group of this size $2,600, but he wants to encourage kids to exercise more and enjoy the outdoors so he charges the group only $2,100. Great Adventures provides these services on account, February 28 Great Adventures receives payment from the Boys and Girls Club for the full anount owed, less the 4t quickMarch 19 paynent discount. March 19 Reynotd's Management has its employees participate in a one-day TEAM adventure. Great Adventures provides March 27 Gereat Adventures receives paynent from Reynold's for the full anount owed, less the 4v quick-payment April 7 Several men fron the Elks Lodge decide to participate in a TEAM adventure. Great Adventures receives $6,600 Aprit 14 The TENM adventure is held for menbers of the following hee todge. April 30. Myers Manufacturing participates in a TEMy adventure. Great Adventures provides services on account for May 31 Myers Manufacturing taits to pay the anount owed within the specified period and agrees to sign a threeJune 15 Several KBA groups participate in TENA adventures. Great Adventures provides services on account for $19, 500 Required: Consider the following information as of June 30, 2025. epare the journal entries for transactions. (If no entry is required for a particular transactio the first account field.) Journal entry worksheet Note: Enter debits before credits. 1
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