Jul. 1

Sell $16,000 of common stock to Suzie.

1

Sell $16,000 of common stock to Tony.

1

Purchase a one-year insurance policy for $6,000 ($500 per month)to cover injuries to participants during outdoor clinics.

2

Pay legal fees of $1,200 associated with incorporation.

4

Purchase officesupplies of $1,700 on account.

7

Pay for advertising of $260 to a local newspaper for an upcomingmountain biking clinic to be held on July 15. Attendees will becharged $50 the day of the clinic.

8

Purchase 10mountain bikes, paying $10,800 cash.

15

On the day of the clinic, Great Adventures receives cash of$3,500 from 70 bikers. Tony conducts the mountain bikingclinic.

22

Because of the success of the first mountain biking clinic, Tonyholds another mountain biking clinic and the company receives$4,100.

24

Pay for advertising of $830 to a local radio station for akayaking clinic to be held on August 10. Attendees can pay $150 inadvance or $200 on the day of the clinic.

30

Great Adventures receives cash of $7,500 in advance from 50kayakers for the upcoming kayak clinic.

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