Question: Problem 3-4A Bradley's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March.



Problem 3-4A Bradley's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March. Mar. 1 Stockholders invested $55,500 cash in the business in exchange for common stock of the corporation. 3 Purchased Snead's Golf Land for $41,000 cash. The price consists of land $24,500, building $9,190, and equipment $7,310. (Record this in a single entry.) 5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $2,470 cash. 6 Paid cash $4,150 for a 1-year insurance policy. 10 Purchased golf clubs and other equipment for $5,900 from Tahoe Company, payable in 30 days. 18 Received golf fees of $2,800 in cash from customers for golf services performed. 19 Sold 130 coupon books for $25 each in cash. Each book contains 10 coupons that enable the holder to play one round of miniature golf or to hit one bucket of golf balls. (Hint: The revenue should not be recognized until the customers use the coupons.) 25 Paid a $630 cash dividend. 30 Paid salaries of $710 30 Paid Tahoe Company in full for equipment purchased on March 10. 31 Received $830 in cash from customers for golf services performed
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