Question: Current Attempt in Progress Holz Disc Golf Course was opened on March 1 by Spruce Holz. The following selected events and transactions occurred during March
Current Attempt in Progress Holz Disc Golf Course was opened on March 1 by Spruce Holz. The following selected events and transactions occurred during March Mar. 1 3 5 6 10 18 Invested $ 23,000 cash in the business. Purchased Rainbow Golf Land for $ 15,000 cash. The price consists of land $ 11,800,shed $ 1.800 and equipment $ 1,400. (Make one compound entry) Paid advertising expenses of $ 800 Paid cash $ 510 for a one-year insurance policy. Purchased golf discs and other equipment for $1.000 from Stevenson Company payable in 30 days. Received $ 1,100 in cash for golf fees (Holz records golf fees as service revenue). Sold 200 coupon books for $ 20 each. Each book contains 4 coupons that enable the holder to play one round of disc golf. Withdrew $ 700 cash for personal use. Paid salaries of $ 400 Paid Stevenson Company in full. Received $2,100 cash for golf fees. 19 25 30 30 31 Journalize the March transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when 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 account tities and enter for the amounts)
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