Question

Holz Disc Golf course was oened Mach 1 by vista holtz the following selected events and tranaction occur during march.march 1 invested $22,000 cash in th business. march 3, purchased rainbow gof land for $13,000 cash. the price consist of land $9,500 shed $2,300, and equipment $1.200.(make one compound entry). march 5 paid advertising expense of $800. March 6 paid cash $690 for a one year insurance policy. march 10, purchased golf disc and othervequipment for $1,100 from stevenson company payable in 30 days.march 18, recieved $1.300 in cash for golf fee ( holz records golf fee as service revenue). mach 19. sold 100 coupons books for $20 sollars each. each bookcontains 4 coupons that enable the holder to play one round of disc golf. march 25 withdrew $700 cash for personal use. march 30 paid salaries of $200. march 30 paid stevenson in full. march 31 recieved &2,200 cash for gotlf fees.

Answer 1