X✓ x 11/1/2022 С D M 0 Great Adventures Problem AP9-1 (OL) Tony's favorte memories of his childhood were the times he sp

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X✓ x 11/1/2022 С D M 0 Great Adventures Problem AP9-1 (OL) Tony's favorte 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 turse jogged along a natuse tal and came across a wonderd pece of property for sale Huned to tune and said. "T've always wanted to start a camp where tensiles 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, 2022, Great Adventures purchased the land By neung s $500,000, 6%, 10-year stallment note to the seter Payments of $5,501 are required at the end of each month over the sto of the 10 year an Eath monthly payment of 85.001 includes both interest expense and Late that night Tony mactamed. "We now have land for our new camp, this has to be the best news ever! Suzie sad, "There's something else I need to tell you re expecting! They decided right then, it was a bey, they would name him Venture Beavited 1. Complete the first three rows of an anotication schedu 2. Record the purchase of land with the essuance of a long tem nate payable on November 1, 2022 3. Recond the first two payments on November 30, 2022 and December 31, 2022, and calculate the remaining balance of the note payable as of December 31, 2027 4. The 12 monthly payments in 2023 (lowing year) will reduce the noter's balance by an additional $38,014 How would the remaining balance of the note payatie be reported in the balance sheet as of December 31, 2022 Required t Date Cash Paid Decrease in interest Expense Carrying Carrying Value 19/10007 Beard 2 and 3 No Credit Dale 11/1/2022 11000022 3 12/3122022 Remaining balance as of December 31, 2022: Required 4 Current liability: Long-term liability REARZANE 37 General Journal Dubi