Question

Current Attemot in Progress Broderi Miniature Colt and Driving Range the was opened on March 1 by Bob Dean These selected events and transactions occurred during March try 3 Parched Sea Galando R000 cash The Wi t s of land 524700 9670 p mant 513 630 Record this in a single 5 Advertised the opening of the driving range and report course.paying advertising pee of 1200 cash 6 Paidah 3.000 for a 1-year rance policy. so Parchedule and other count for 55.00 from the Company days 19 Sold 100 couson books for $25 each in cash Eschbook contaton 10 coupons that enable the holder to play ne round of miniature gett or to hit one bucket of poll baths Hint. The revenue should not be 25 Poda ca vidend 30 Pardes of 5740 30 Palho Company inful for turchased on March 10. 31 Recolved 5900 in cash from customers for goll services performed Debat Date Account Titles and Explanation

Answer 1

Credit($) Debit($) 57500 57500 Answer: Date Account Titles and Explanation Mar-01 cash Common Stock [To record the issue of common stock] Mar-03 Land Building Equipment Cash [To record the purchase of assets] Mar-05 Advertising Expense 24700 9670 13630 48000 1280 Cash 1280 3000 3000 5700 [To record the Advertising Expense] Mar-06 Prepaid Insurance Cash [To record insurance paid] Mar-10 Equipment Accounts payable [To record the purchase of Equipment] Mar-18 Cash Service Revenue [To record revenue] Mar-19 Cash Unearned revenue To record the Revenue] 1250 1250 2500

560 - 7401 Mar-25 Dividends Cash [To record the Dividend paid] Mar-30 Salaries Expense Cash [To record the Salaries Paid] Mar-30 Accounts payable Cash [To record the payment for equipment purchased] Mar-31 Cash Service Revenue [To record revenue] 5700 5700 940