Can you help?
- Post the journal entries to T-accounts.
- Un-adjusted trial balance.
Mckay Disc Golf Course was opened on March 1 by Evan Mckay. The following selected events and transactions occurred during March. Mar. 1 Invested $21,000 cash in the business. 3 Purchased Sable's Golf Land for $15,750 cash. The price consists of land $12,600, shed $2,100 and equipment $1,050. (Make one compound entry.) 5 Paid advertising expenses of $735 6 Paid cash $630 for a one-year insurance policy. 10 Purchased golf discs and other equipment for $1, 103 from Taylor Company payable in 30 days. 18 Received $1,155 in cash for golf fees (Mckay records golf fees as service revenue). 19 Sold 150 coupon books for $11 each. Each book contains 4 coupons that enable the holder to play one round of disc golf. 25 Withdrew $840 cash for personal use. 30 Paid salaries of $263. 30 Paid Taylor Company in full. $1,103 31 Received $2,105 cash for golf fees. Mckay Disc Golf uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Unearned Service Revenue, Owner's Capital, Owner's Drawings, Service Revenue, Advertising Expense, and Salaries and Wages Expense. Check figures -Trail Balance totals - $25,910 Instructions a. Post the journal entries to T-accounts b. Prepare an unadjusted trial balance.Journal Entries Date Accounts and Explanations Debit Credit 1-Mar Cash $ 21.000 Owner's Capital $ 21,000 3-Mar Land $ 12,600 Shed $ 2,100 Equipment $ 1,050 Cash $ 15,750 5-Mar |Advertising expense $ 735 Cash S 735 6-Mar Prepaid Insurance $ 630 Cash 630 10-Mar Equipment 1,103 Accounts Payable (Taylor Company) $ 1.103 18-Mar Cash $ 1,155 Sales Revenue 1,155 19-Mar |Cash 6,600 Unearned service revenue $ 6.600 (150 x 11) x 4 25-Mar Owner's Drawing $ 840 Cash $ 840 30-Mar |Salary and Wages expense $ 263 Cash 263 30-Mar Accounts Payable (Taylor Company) S 1.103 Cash $ 1,103 31-Mar |Cash $ 2.105 Service Revenue $ 2,105