Journalize the July Transaction below. If no Journal Entry is required, write " No entry"

3-July

Purchased land for golf course, put 10% down and agreed to pay the balance in six months, by signing a 6%(annual rate), 1 year note. $180000

4-April

Placed an advertisement in the Seattle Times and paid for the advertisement.

$560

9-July

Paid for one year insurance policy, begin July 1, and expires June 30, 2020.

$4800

11-July

Purchased golf clubs and other equipment, payable in 30 days, from Calloway, a supplier.

$6000

17-July

Rented out the golf course to a consumer; the consumer paid one third in cash, the balance in 30days.

$18000