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RWP9-1 (Static) Great Adventures Continuing Case (GL) Tony's 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, "l've 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 $500,000,6%,10-year installment note to the seller. Payments of $5,551 are required at the end of each month over the life of the 10-year loan. Each monthly payment of $5,551 includes both interest expense and principal payments (i.e., reduction of the loan amount). Late that night, Tony exclaimed, "We now have land for our new camp; this has to be the best news ever!" Suzie said, "There's something else I need to tell you. l'm expecting!" Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 356> Record the issuance of the long-term note payable for the purchase of land on November 1, 2025. Note: Enter debits before credits. Journal entry worksheet Record the first monthly payment on the long-term note payable, made on November 30, 2025. Note: Enter debits before credits. Journal entry worksheet Record the second monthly payment on the long-term note payable, made on December 31,2025. Note: Enter debits before credits. Journal entry worksheet