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Ayaya's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March Mar. 1

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Ayaya's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March Mar. 1 Stockholders invested $55,500 cash in the business in exchange for common stock of the corporation. 3 Purchased Sead's Golf Land for $44,100 cash. The price consists of land $22.500, building $8,710, and equipment $12,890. (Record this in a single entry) 5 Advertised the opening of the driving range and mature golf course, paying advertising expenses of 52,230 cash 6 Pald cash 13,500 for a 1-year Insurance policy 10 Purchased golf clubs and other equipment for 14,850 from Tahoe Company, wayable in 30 days. 16 Received golf fees of $1,000 in cash from customers for golf services performed 19 Sold 100 coupon books for $20 each in cash, ach book contain 10 coupons that enable the holder to play one round of miniature golf or tot one bucket of golf balls (nel The revenou should not be recognized until the customers use the coupons.) 25 Paid a 5660 cash dividend 30 Paid salaries of $250 30 Paid Tahoe Company in full for equipment purchased on March 10. 31 Received $930 in cash from customers for golf services performed

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