G3 No.1 I will like your answer thanks (don't worry about anything other than the...
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Accounting
G3 No.1 I will like your answer thanks (don't worry about anything other than the Journal entries thank you)
have someone else answer it if you wont im not giving you 3$ Journal entry worksheet Record the closing entry for revenue accounts. Note: Enter debits before credits. Journal entry worksheet 1 5 Record the expiration of prepaid insurance. Note: Enter debits before credits. Journal entry worksheet Record the depreciation for vehicle purchased. Use straight-line depreciation. Note: Enter debits before credits. Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a used Suburban on July 1,2025 , for $13,200. They expect to use the Suburban for five years and then sell the vehicle for $5,100. The following expenditures related to the vehicle were also made on July 1,2025: - The company pays $2,100 to GEICO for a one-year insurance pollcy. - The company spends an extra $4,200 to repaint the vehicle. plocing the Great Adventures logo on the front hood, back, and both sides: - An additional $2,300 is spent on a deluxe roof rack and a traller hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition, on October 22,2025 , the company pays $1,000 for basic vehicle maintenance related to changing the oil, replacing the windshield wipers, rotating the tires, and inserting a new air filtet. Prepare the jourctal entries for transactions. (If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet 3456 Record the expenditures related to the vehicie on July 1, 2025. Note: The capitalized cost of the vehicle is recorded in the Equipment account. Note: Enter debits before credits. Journal entry worksheet Record the closing entry for expense accounts. Note: Enter debits before credits. Journal entry worksheet 6 Record the expenditure related to vehicle maintenance on October 22, 2025. Note: Enter debits before credits






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