Question

Ер нотичес. UMTEH ALLEMPLIITTOgress Авиабилеты в глобализация мир и черно тра Whispering Winds's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March. Stockholders invested $69,500 cash in the business in exchange for common stock of the corporatio Purchased Snead's Golf Land for $42,700 cash. The price consists of land $24,000, building $8,580, Advertised the opening of the driving range and miniature golf course, paying advertising expenses Paid cash $4,950 for a 1-year insurance policy. Purchased golf clubs and other equipment for $5.650 from Tahoe Company, payable in 30 days. Received golf fees of $1,850 in cash from customers for golf services performed. Sold 120 coupon books for $15 each in cash. Each book contains 10 coupons that enable the holdert Paid a $410 cash dividend. Paid salaries of $740. Paid Tahoe Company in full for equipment purchased on March 10. Received $880 in cash from customers for golf services performed. A 4 ENG 0. Journalize the March transactions. Whispering Winds's records golf fees as service revenue. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles indented when amount is entered. Do not indent manually. Record journal entries in the

Answer 1

Statement showing Computations
Particulars	Debit	Credit
Cash Dr	69,500.00
To Common stock		69,500.00
Land Dr	24,000.00
Building Dr	8,580.00
Equipment Dr	10,120.00
To Cash		42,700.00
Advertising Expense Dr
Cash
(Amount is not shown in the image . Please fill it yourself)
Prepaid Insurance Dr	4,950.00
To Cash		4,950.00
Golf clubs and Equipment Dr	5,650.00
To Account Payable		5,650.00
Cash Dr	1,850.00
To Service revenue		1,850.00
Cash Dr	1,800.00
To Sales		1,800.00
(120*15)
Divided Dr	410.00
To Cash		410.00
Salaries expense Dr	740.00
To Cash		740.00
Account Payable Dr	5,650.00
To Cash		5,650.00
Cash Dr	880.00
To Service revenue		880.00