apter 2 Question 10 of 13 - / 1 View Policies Current Attempt in Progress Cullumber Park was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurred during April Apr.1 4 8 11 12 13 Stockholders invested $43,000 cash in the business in exchange for common stock Purchased laed costing $29.000 for cash Incurred advertising expense of $1,500 on account Paid salaries to employees $1.200. Hired park manager at a salary of $3.000 per month, effective May 1 Paid $1.000 cash for a one-year insurance policy Declared and paid a $1.000 cash div sh dividend Received 54,700 in cash for admission fees. Sold 100 coupon books for $30 each. Each book contains 10 coupons that entitie the holder to one admission to the park Received $7.900 in cash admission fees Paid $400 on balance owed for advertising incurred on April 8, 17 20 25 30 30 Cullumber uses the following accounts Cash Prepaid Insurance, Land, Accounts Payable Unearned Service Reveno. Common Stock Dividends. Service Revenue, Advertising Expense, and Salaries and Wages Expense Journalize the April transactions. (Credit account titles are automatically Indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the S 6 5 7 8 2 3 4 1 E T W R Y H G K S D F JE V B N M N X of Question 10 of 13 Joumice the Apri transactions (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem if he entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Tities and Explanation Debit Received cash for services provided) Pald Creditron Textbook and Media List of Accounts