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Business Events and Transactions for March 2021: The following transactions that occurred during the first week of March are to pay the outstanding liabilities from February 28th. . . March 1 Pay the February accrued interest to the bank. Also make a $15,833 principal payment on the bank note principal. March 5 Wildhorse Country Club paid its outstanding accrued March payroll of $8,600 plus an additional $3,500 for salaries incurred between March 1 and March 5. March 7 Wildhorse Country Club paid the outstanding accounts payable at February 28, 2021. Since no purchase discounts were available, the full amount owed was paid. Record the following transactions on March 31st that occurred during the month of March. Total Rental Fees for golf clubs, carts, etc collected in cash for the month were $65,000. Total Green Fee revenues collected in cash for the month were $132,500. . The golf course had 15 more people sign up for Golf lessons beginning the first week of December. The cost remains $750 for six weeks of lessons and were paid in cash. . Golf course maintenance expenses for the month of March paid in cash were $143,000. Salary Expenses for the month of March (from March 6th to March 31st) was $16,500; of that amount $ 12,000 was paid during the month of March and the remaining $4,500 will be paid next month. . Total Utility Expense (water, sewer, electrical) was paid in cash for $3,600. . Received $50,000 cash for payment of Accounts Receivable

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