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Golf plc was opened on March 1 by Rana's company. The following selected events and...

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Accounting

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Golf plc was opened on March 1 by Rana's company. The following selected events and transactions occurred during March. Mar. 1. Invested 70,000 cash in the business in exchange for ordinary shares. 2. Purchased Sara's Golf Land for 38,000 cash. 3. Real estate commission billed to clients amount to 4,000. 4. Paid cash 7,480 for a 1-year insurance policy. 5. Purchased golf equipment for 2,500 from Anan's Company, payable in 30 days. 6. Received golf fees of 1,200 in cash 7. Declared a 1,000 cash dividend, which will pay on April 1. 8. Paid salaries and wages of 900. 9. Paid Anan's Company in full. 10. Paid 700 in cash for the current month's rent. Required: 1. Journalize March Transactions. 2. General Ledger of Cash

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