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P 2-1A - Can you help me with the following exercise below in the image? Thank you in advance. P2-1A McKay Disc Golf Course was

P 2-1A - Can you help me with the following exercise below in the image?

Thank you in advance.

image text in transcribed
P2-1A McKay Disc Golf Course was opened on lvlarch 1 by Evan McKay. The following selected events and transactions occurred during March. Mar. :| Invested $21,000 C35\" in the business. Purchased Sable's Golf Land for $5,750 cash. The price consists of 3 land $12500. shed $2,100 and equipment $1,050. [Make one compound entry.) 5 6 Paid advertising expenses of $T35 Paid cash $530 for a one-year insurance policy. Purchased golf discs and other equipment for $1 .103 from Taylor Company payable in 30 days. I Received $1,155 in cash for golf fees {McKay records golf fees as service revenue). Sold 150 coupon books for $11 each. Each book contains 4 coupons that enable the holder to play one round of disc golf. 25 30 30 31 Withdraw $840 cash for personal use. Paid salaries of $263. Paid Taylor Company in full. $1,103 i |_|_l|_llililill_l_ iii\" 'Received $2,105 cash for golf fees. McKay Disc Golf uses the following accounts: Cash, Prepaid Insurance, Land, Buildings. Equipment. Accounts Payable, Unearned Service Revenue. Owner's Capital. Owner's Drawings, Service Revenue, Advertising Expense, and Salaries and Wages Expense. Check gures -Trai| Balance totals - $25,910

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