Question: Problem 2-01A Holz Disc Golf Course was opened on March 1 by Brothers Holz. The following selected events and transactions occurred during March Mar. 1


Problem 2-01A Holz Disc Golf Course was opened on March 1 by Brothers Holz. The following selected events and transactions occurred during March Mar. 1 Invested $20,000 cash in the business. 3 Purchased Rainbow Golf Land for $14,000 cash. The price consists of land $10,800, shed $1,800, and equipment $1,400. (Make one compound entry.) 5 Paid advertising expenses of $700. 6 Pald cash $530 for a one-year insurance policy. 10 Purchased golf discs and other equipment for $1,200 from Stevenson Company payable in 30 days. 18 Received $1,000 in cash for golf 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 golf. 25 Withdrew $800 cash for personal use. 30 Paid salaries of $400. 30 Paid Stevenson Company in full. 31 Received $2,000 cash for golf fees. indont manually. Resend fournal Credit Debit Date Account Titles and Explanation (Paid salaries) (Paid creditor on account)
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