journalize the april transaction

6. Paid 5o00 cash dividend to shareholders 7, Paid S6 500 cash for salaries ao,ivesting or financing aetivtis PROBLEMS: SETA Accounts Prepaid R Equipmer Accounts Share Ca Retaine The followi nans P2-1A Prairie Park was started on April I by C. J. Amaro and associates. The Lo 2, 4) ected events and transactions occurred during April. Apr 1 Shareholders invested S for ordinasy shares. 4 Purchased land costing $ 30,000 for cash. 8 Incurred advertising expense of $1,800 on account Summarized transactios 11 Paid salaries to employees $1,500 1. Advertising costs, pa 2. Additional supplies a 3. Miscellancous exper 4. Cash collected from 5. Cash paid to credite 6. Repair services per 7. Wages for January s. Dividends during 12 Hired park manager at a salary of $4,000 per month, effective May l 13 Paid S1,500 cash for a one-year insurance policy 17 Declared and paid a $1,400 cash dividend 20 Received $5,700 in cash for admission fees. 25 Sold 100 coupon books for $30 each. Each book contains 10 cou ains 10 coupons that entite the holder to one admission to the park. 30 Received $8,900 in cash admission fees. 30 Paid $900 on balance owed for advertising incurred on April s. Prairie Park uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Pe able, Unearned Service Revenue, Share Advertising Expense, and Salaries and Wages Expense. asn aa Instructions (a) Open T-account ing balances for (b) Prepare journal (c) Post the journa (d) Prepare a trial