JAZZ 3G Done 6:09 PM 9% Edit More Question No: 1 (Marks-15) Frontier Park was started on April 1 by C. J. Mendez. The following selected events and transactions occurred during April Apr. 1 Mendez invested $40,000 cash in the business Apr 4 Purchased land costing $30,000 for cash Apr 8 Incurred advertising expense of $1,800 on account Apr 11 Paid salaries to employees $1,500. Apr. 12 Hired park manager at a salary of $4,000 per month, effective May 1. Apr. 13 Paid $1,500 cash for a one-year insurance policy. Apr. 15 Purchase Park equipment for $ 15000 paying cash Apr. 17 Withdrew $1,000 cash for personal use. Apr 20 Received $5.700 in cash for admission fees. Apr 25 Sold 100 coupon books for $25 each. Each book contains 10 coupons that entitle the holder to one admission to the park Apr 30 Received $8,900 in cash admission fees Apr 30 Paid $900 on balance owed for advertising incurred on April 8 Mendez uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Payable, Uneamed Admission Revenue. C. J. Mendez, Capital; C. J. Mendez, Drawing: Admission Revenue, Advertising Expense, and Salaries Expense Instructions 1) Journalize the April transactions. 2) Post them into ledgers. 3) Prepare Trial balance.