this is an assignment to create journals for the 11 transactions in Prob 2-1A. This problem describes a Park, like Great Americas do for the Apr 25th transaction, you the park is selling an advance ticket book. Also Apr 12th is no transaction.

P2-1A Grandview Park was started on April 1 by R. S. Francis and associates. The follow- ing selected events and transactions occurred during April. Apr. 1 Stockholders invested $50,000 cash in the business in exchange for common stock. 4 Purchased land costing $34,000 for cash. 8 Incurred advertising expense of $1,800 on account. 11 Paid salaries to employees $1,500. 12 Hired park manager at a salary of $3,500 per month, effective May 1. 13 Paid $2,400 cash for a one-year insurance policy. 17 Declared and paid a $1,400 cash dividend. 20 Received $5,700 in cash for admission fees. 25 Sold 100 coupon books for $30 each. Each book contains 10 coupons that entitle the holder to one admission to the park. 30 Received $8,900 in cash admission fees. 30 Paid $840 on balance owed for advertising incurred on April 8. Grandview uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Pay- able, Unearned Service Revenue, Common Stock, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense. Instructions