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Tony and Suzle 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 $$13,600.$ They expect to use the Suburban for five years and then sell the vehicle for $$5,300.$ The following expenditures related to the vehicle were also made on July $1,2025$:

The company pays $$2,200$ to GEICO for a one$-$year insurance policy.

The company spends an extra $$4,600$ to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides.

An additional $$2,400$ is spent on a deluxe roof rack and a traller hitch.

The painting, foof 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 $$1,200$ for basic vehicle maintenance related to changing the oll, replacing the windshleld Wipers, rotating the tires, and inserting a new alr filter:

Requirement

General

General

Journal

Ledger

Trial Balance

Income

Balance Sheet

Prepare the journal entries for transactions. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$\backslash$table$[[1,2,3,4,5,6]]$

Record the expenditures related to the vehicle on July $1,2025.$ Note: The capitalized cost of the vehicle is recorded in the Equipment account.

Note: Enter debits before credits:

$\backslash$table$[[$Date$,$General Journal,,$],[,,,],[,,,],[,,,],[,,,],[,,,]]$

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