Journalize a series of transactions (LO 1,2) Grandview Park was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurred during April. Apr. Stockholders invested $50,000 cash in the business in exchange for common stock. 4Purchased land costing $34,000 for cash. 8Incurred advertising expense of $1,800 on account. 11 Paid salaries to employees $1,500 12 Hired park manager at a salary of S3,500 per month, effective May 1 13 Paid $2,400 cash for a one-year insurance policy 17 Declared and paid a S1,400 cash dividend. 20 Received $5,700 in cash for admission fees 25 Sold 100 coupon books for $30 each. Each book contains 10 coupons that entitle the holder to one admission to the park. 30 Received $8,900 in cash admission fees. 30 Paid $840 on balance owed for advertising incurred on April 8 Grandview uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Payable, Unearned Service Revenue, Common Stock, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense Instructions Journalize the April transactions