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Holz Disc Golf Course was opened on March 1 by Mountain Holz The following selected events and transactions occurred during March Mar. 1 3 5
Holz Disc Golf Course was opened on March 1 by Mountain Holz The following selected events and transactions occurred during March Mar. 1 3 5 6 10 Invested $22,000 cash in the business. Purchased Rainbow Golf Land for $14,000 cash. The price consists of land $10,700, shed $2,100, and equipment $1.200. (Make one compound entry) Paid advertising expenses of $600. Paid cash 5750 for a one-year insurance policy. Purchased golf discs and other equipment for $1,100 from Stevenson Company payable in 30 days. Received $1.200 in cash for golf fees (Holz records golf fees as service revenue). Sold 200 coupon books for $10 each. Each book contains 4 coupons that enable the holder to play one round of disc golf, Withdrew 5900 cash for personal use Paid salaries of $200 Paid Stevenson Company in full, Received 51.800 cash for golf fees 18 19 25 30 30 31 Date Account Titles and Explanation Debit Credit
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