Beefeaters RV Park was started on April 1 by Sarah Rhodes. These selected events and transactions occurred during April. Stockholders invested $100,000 cash in the business in exchange for common stock. Purchased land costing $250,000 for cash. Purchased advertising in local newspaper for $1, 200 on account. Paid salaries to employees $3,000. Hired park manager at a salary of $3, 600 per month, effective May 1. Paid $7, 200 for a 1-year insurance policy. Paid $600 cash dividends. Received $6,000 in cash from customers for admission fees. Sold 100 coupon books for $90 each. Each book contains ten coupons that entitle the holder to one admission to the park. Received $7, 900 in cash from customers for admission fees. Paid $400 of the balance owed for the advertising purchased on account on April 8. The company uses the following accounts; Cash, Prepaid Insurance, Land, Accounts payable, Unearned Service Revenue, Common Stock, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense. Instructions Journalize the April transaction, including explanations