Current Attempt in Progress Selected transactions for Poway Landscaping Company are listed below. Describe the effect of each transaction on assets, liabilities, and owner's equity. For example, the first answer is: Increase in assets and increase in owner's equity. 1. Made cash investment to start business. 2. Paid monthly rent. 3. Purchased equipment on account. 4. Billed customers for services performed. 5. Withdrew cash for owner's personal use. 6. Received cash from customers billed in (4). 7. Incurred advertising expense on account. 8. Purchased additional equipment for cash. 9. Received cash from customers when service was performed. Holz Disc Golf Course was opened on March 1 by Spruce Holz. The following selected events and transactions occurred during March. Mar. 1 Invested $20,000 cash in the business. 3 Purchased Rainbow Golf Land for $16,000 cash. The price consists of land $12,500, shed $2,000, and equipment $1,500. (Make one compound entry.) 5 Paid advertising expenses of $600. 6 Paid cash $590 for a one-year insurance policy. 10 Purchased golf discs and other equipment for $1,100 from Stevenson Company payable in 30 days. 18 Received $1,000 in cash for golf fees (Holz records golf fees as service revenue). 19 Sold 200 coupon books for $10 each. Each book contains 4 coupons that enable the holder to play one round of disc golf. 25 Withdrew $700 cash for personal use. 30 Paid salaries of $200. 30 Paid Stevenson Company in full. 31 Received $1,800 cash for golf fees. Journalize the March transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Journalize the March transactions a ist elf dehit entries befare credit entries. Credit account tifles are eutamatically indented when amount is entered. Do not indent manuall. Record iournol entries in the onder presented in the nroblem. If no entrv is