Problem 2-01A Holz Disc Golf Course was opened on March 1 by Spruce Holz. The following selected events and transactions occurred during March. 5 6 Mar. 1 Invested $23,000 cash in the business. 3 Purchased Rainbow Golf Land for $16,000 cash. The price consists of land $12,500, shed $2,100, and equipment $1,400. (Make one compound entr Paid advertising expenses of $800. Paid cash $520 for a one-year Insurance policy. 10 Purchased golf discs and other equipment for $1,100 from Stevenson Company payable in 30 days. Received $1,300 in cash for golf fees (Holztrecords 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. 30 Paid salaries of $400. 30 Paid Stevenson Company in full. 31 Received $2,100 cash for golf fees. 18 19 25