7 S2-11 Canada's Wonderland is an amusement park in Vaughan, Ontario. Over 3.5 million people visit Wonderland each year between May and October. It covers 330 acres and has more than 200 rides and attractions, including 16 roller coasters. Wonderland has been the most-visited seasonal amusement park in North America for several years. Millions of transac- tions occur at Wonderland each year. The following items are possible transactions: May 1 Sell admission tickets, $100,000, cash Purchase merchandise inventory, $5,000, on account May 3 May 6 Rent lockers to guests, $500, cash May 8 May 15 May 18 May 20 Sign a letter of intent to switch electricity suppliers starting in June Pay employees, $75,000, cash Make an offer of employment for a new position in the Merchandise and Games office Borrow money from bank by signing a six-month note, $200,000