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2. Forntier Park was started on April 1, 2018 by Mr. J. Amir. The following selected events and transactions occurred during April- April 1 Amir
2. Forntier Park was started on April 1, 2018 by Mr. J. Amir. The following selected events and transactions occurred during April- April 1 Amir invested Tk. 50,000 in the business. 4 Purchased land for cash, costing Tk. 30,000. 8 Incurred adverting expense of Tk.1,800 on account. 12 Hired park manager at a salary of Tk. 4,000 per month, effective May 1. 13 Paid Tk. 1,500 cash for a one-year insurance policy. 20 Received Tk. 5,700 cash for admission fees. 25 Sold 100 coupon books for Tk. 25 each. 27 Ordered 50 additional coupon books at Tk. 20 each. 30 Received Tk. 8,900 in cash admission fees. 30 Paid Tk. 900 on balance owed for advertising incurred on April 8. Required: (i) Journalize the April transactions. (ii) Post the transactions using the Standard Account Form to the following accounts: Cash, Fees Revenue, Accounts Payable, Advertising Expense
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