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Mar. $1$ Stockholders invested $$50,000$ cash in the business in exchange for common stock of the corporation.

$3$ Purchased Snead's Golf Land for $$38,000$ cash. The price consists of land $$22,000,$ building $$8,000,$ and equipment

$$8,000.($Record this in a single entry.$)$

$5$ Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $$1,000$ cash.

$6$ Paid cash $$2,000$ for a $1-$year insurance policy.

$10$ Purchased golf clubs and other equipment for $$4,500$ from Tahoe Company, payable in $30$ days.

$18$ Received golf fees of $$1,000$ in cash from customers for golf services performed.

$19$ Sold $100$ coupon books for $$10$ each in cash. Each book contains $10$ coupons that enable the holder to play one round of

miniature golf or to hit one bucket of golf balls. $($Hint: The revenue should not be recognized until the customers use the

coupons.$)$

$25$ Paid a $$400$ cash dividend.

$30$ Paid salaries of $$700.$

$30$ Paid Tahoe Company in full for equipment purchased on March $10.$

$31$ Received $$800$ in cash from customers for golf services performed.

Journalize the March transactions. Ayayai's records golf fees as service revenue. $($If no entry is required, select $"$No Entry" for the account

titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record

journal entries in the order presented in the problem.$)$

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