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ch Sunland Miniature Golf and Driving Range Inc. was opened on March 1 by Rick Fowler. The following selected events and transactions occurred during March.
ch Sunland Miniature Golf and Driving Range Inc. was opened on March 1 by Rick Fowler. The following selected events and transactions occurred during March. Mar. Invested $52,800 cash in the business in exchange for common stock. 1 5 3 6 10 18 25 30 30 31 Purchased Michelle Wie's Golf Land for $38,160 cash. The price consists of land $9,810, building $22,120, and equipment $6,230. (Make one compound entry.) Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $1,603. Paid cash $1,422 for a one-year insurance policy. Purchased golf equipment for $2,710 from Singh Company, payable in 30 days. Received golf fees of $1,278 in cash. Declared and paid a $510 cash dividend. Paid wages of $906. Paid Singh Company in full. Received $770 of fees in cash. Earnings upcoming
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