BUS-FP3061 - Fundamentals of Accounting Instructions Accounts to be used: Cash. Prepaid insurance. Land. Buildings. Equipment Accounts payable. Uneamed service revenue. Owner's capital. Owner's drawings. Service revenue. Advertising expense. Salaries and wages expense. Leave a space between each dated transaction. May 1 Invested $20,000 cash in the golf course business. May 3 Purchased Hampstead Golf Land for $15,000 cash. The price includes land $12,000, shed $2,000, and equipment $1,000. May b Paid advertising expenses of S/00. May 6 Paid cash $600 for a one-year insurance policy. May 10 Purchased golf discs and other equipment for $1,050 from Discs Are Us, payable in 30 days. May 18 Received $1,100 in cash for golf tees earned (service revenue). May 19 Sold 150 coupon books for $10 each. Each book contains four coupons that enable the holder to play one round of disc golf. May 25 Withdrew $800 cash for personal use. May 30 Pay $250 as salaries for part-time employees. May 30 Paid Discs Are Us the full amount due. Capella Proprietary and Confidential ShortDoc Intemal doc Last updated: 2/7/2021 4:37 PM CAPELLA UNIVERSITY May 31 Received $2,100 cash for fees earned. Template