! Question 2 of 4 Current Attempt in Progress Novak Miniature Golf and Driving Range Inc. was opened on March 1 by Scott Verplank. The following selected events and transactions occurred during March Mar 1 Invested $ 47,900 cash in the business in exchange for common stock. 3 5 ON 10 Purchased Michelle Wie's Golf Land for $ 39,210 cash. The price consists of land $ 10,200, building $ 22,740, and equipment $ 6,270. (Make one compound entry) Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $1,680. Paid cash $ 1.599 for a one-year insurance policy. Purchased golf equipment for $ 2,340 from Singh Company, payable in 30 days. Received golf fees of $ 1.092 in cash. Declared and paid a $ 530 cash dividend. Paid wages of $ 881 Paid Singh Company in full. Received $ 741 of fees in cash. 18 25 30 30 31 Novalancas the following armounts Cash Pronaid in -/1 Question 2 of 4 Novak uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Common Stock, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense. Journalize the March transactions. (Use Service Revenue account to record fees.) (Credit account titles are automatically indented w amount is entered. Do not indent manually. If no entry is required, select "No entry for the account titles and enter for the amounts. Reco journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 1 I C