Holz Disc Golf Course was opened on March 1 by Vista Holz. The following selected events and transactions occurred during March. Mar. 1 3 5 6 10 18 19 25 30 Invested $21,000 cash in the business. Purchased Rainbow Golf Land for $14,000 cash. The price consists of land $10,700, shed $2,200, and equipment $1,100. (Make one compound entry.) Paid advertising expenses of $800. Paid cash $740 for a one-year insurance policy. Purchased golf discs and other equipment for $1,100 from Stevenson Company payable in 30 days. Received $1,200 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 $800 cash for personal use. Paid salaries of $200.

Holz Disc Golf Course was opened on March 1 by Vista Holz. The following selected events and transactions occurred during March. Mar. 1 Invested $21,000 cash in the business. 3 Purchaced Rainbow Golf Land for $14,000 cash. The price consists of land $10,700, shed $2,200, and equipment $1,100. (Make one compound entry) 5 Paid advertising expenses of $800. 6 Paid cash $740 for a one-year insurance policy. 10 Purchased solf discs and other equipment for $1,100 from Stevenson Company payable in 30 days. 18 Received $1,200 in cash for golt fees (Holz records golf fees as service revenue). 19 Sold 200 coupon books for $20 each. Each book contains 4 coupons that enable the holder to play one round of disc goll. 25 Withdrew $800 cash for personal use. 30 Paid salaries of $200