Blue Spruce'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 $58,000 cash in the business in exchange for common stock of the corporation. 3 Purchased Snead's Golf Land for $38,200 cash. The price consists of land $24,900, building $8,460, and equipment $4,840. (Record this in a single entry.) 5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $1,940 cash. 6 Paid cash $4,750 for a 1-year insurance policy. 10 Purchased golf clubs and other equipment for $5,950 from Tahoe Company, payable in 30 days. 18 Received golf fees of $1,850 in cash from customers for golf services performed. 19 Sold 100 coupon books for $25 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 $540 cash dividend. 30 Paid salaries of $850. 30 Paid Tahoe Company in full for equipment purchased on March 10. 31 Received $880 in cash from customers for golf services performed. Journalize the March transactions. Blue Spruce's records golf fees as service revenue. (If no entry is required, select "No Entry" for the account titles and enter O 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.) Date Account Titles and Explanation Debit Credit =