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Help Son On July 1 2021. Tony and Suzie organize their new company is a corporation, Great Adventures inc. The articles of incorporation state that the corporation will sell 20,000 shares of common stock for each Each share of stock represents a unit of ownership Tony and Suzie will act as co-presidents of the company. The following transactions occur from July through December 31 1 set 110,000 of steel towy Jul. 1 Purchase your inne policy for $4.000 10400 per month to write ting outdoor lines out 3 Stern of 1,500 led with Innerpation 31 het plot 11.000 Jul 7 for advertigo 1300 local paper for an eming mountain incinted on July 15. Att be charged 15 an the day of the Jul. Purchase 10 MOUNTAIN bien poying $17.000 h. on the day of the interest Raventures received hof 13.00 frontiers. They come the biking chile, 22 ene of the west the first mal in elinieTony holds another mountaining line and the hal 3700 to a local rotation for advertitoppar media. Ak with his August 10, and attendees can pay 1to in advance $150 on the day of the line 30 Great Adventures of $4,000 Lance from Kay for the yake Moy. 1 Great Mdventure 130.000 vector for them the city. W ARTY pred ning sedited to set in the 100th years, and I do you my 31. Aug. The company purch 14 ya pin 120.000 cash g. 10 Twenty yan pey 5,000 5150 chat ,000w paid in ace on July 30, on the day of the time. They conduct the rat kayak elinie. A 17 Tony conduct a second kayak cline, and the company receives $10.50 Moy. 24 orice spises of 5), purchased on July are paid in full. septo provide better rege of the days when not in the stored for yer paying $1.600 11300 per ses 11 Tony conducting line. The company receive 11),200 Oct 13 Tony Code origine artiste petite and topographical maradan inter, and it through bly vooded area. The conce17.ch Dec. Tony Beelden tasold the company tinut reture race on December 15. for protein checkpoint whicho ni hii yaratistrail run. voet the first them category to complete all chart is the state for each tea 1500 Dec. 5 to penitend promote the many alles wat Viet weg. ty that in the salary will be paid to the De the 1.3 te park where the the recimo Det har de for 12, sont des supplies in tropietats MacBook Air 34 99 1: 184 ra :& i @ ! . $ 4 % 5 & 7 2 3 6 8 9 0 Q W R Y U OP A S D F G H J L *** A N C MacBook Air 2 Do BO 3 2: DD 22 fe go e 2 * $ 4 % 5 & 7 00. f 9 ) O T 2 6 W E R T Y U O S D F G I J L Z C MacBook Air 888 80 73 2 De 72 wa ET DD 19 29 A # 3 $ 4 2 & 7 6 00. 9 W E R T Y U L 0 S D F G H J Post-closing GREAT ADVENTURES, Inc. Income Statement December 31, 2021 Revenues Service Revenue (Clinic) Service Revenue (Racing) k Total Revenues $ 0 nces Expenses Advertising Expense Depreciation Expense Supplies Expense (Office) Supplies Expense (Racing) Salaries Expense Interest Expense Income Tax Expense Legal Fees Expense Insurance Expense Miscellaneous Expense 0 Total Expense Net Income $ 0 MacBook Air 34 99 1: 184 ra :& i @ ! . $ 4 % 5 & 7 2 3 6 8 9 0 Q W R Y U OP A S D F G H J L *** A N C MacBook Air 2 Do BO 3 2: DD 22 fe go e 2 * $ 4 % 5 & 7 00. f 9 ) O T 2 6 W E R T Y U O S D F G I J L Z C MacBook Air 888 80 73 2 De 72 wa ET DD 19 29 A # 3 $ 4 2 & 7 6 00. 9 W E R T Y U L 0 S D F G H J Post-closing GREAT ADVENTURES, Inc. Income Statement December 31, 2021 Revenues Service Revenue (Clinic) Service Revenue (Racing) k Total Revenues $ 0 nces Expenses Advertising Expense Depreciation Expense Supplies Expense (Office) Supplies Expense (Racing) Salaries Expense Interest Expense Income Tax Expense Legal Fees Expense Insurance Expense Miscellaneous Expense 0 Total Expense Net Income $ 0

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