Holz Disc Golf Course was opened on March 1 by Spruce Holz. The following selected events and transactions occurred during March. Mar. 1 3 5 6 10 Invested $ 23,000 cash in the business. Purchased Rainbow Golf Land for $ 15,000 cash. The price consists of land $ 11,800, shed $ 1,800, and equipment $ 1,400. (Make one compound entry) Paid advertising expenses of $ 800. Paid cash $510 for a one-year insurance policy. Purchased golf discs and other equipment for $1,000 from Stevenson Company payable in 30 days. Received $ 1,100 in cash for golf fees (Holz records golf fees as service revenue). Sold 200 coupon books for $ 20 each. Each book contains 4 coupons that enable the holder to play one round of disc golf Withdrew $ 700 cash for personal use. Paid salaries of $ 400. Pald Stevenson Company in full. Received $ 2,100 cash for golf fees. 18 19 25 30 30 31 Date Account Titles and Explanation Debit Credit (Paid salaries) (Paid creditor on account)