P2-1A Frontier Park was started on April 1 by CI Mendez The following selected events and transactions occurred during April. Apr. 1 Mendez invested $40.000 cash in the business 4 Purchased land costing $30.000 for cash. 8 Incurred advertising expense of S1,800 on account 11 Paid salaries to employees $1.500. 12 Hired park manager at a salary of $4,000 per month, effective May 1. 13 Paid $i 500 cash for a one-year insurance policy. 17 Withdrew $1,000 cash for personal use. 20 Received 55,700 in cash for admission fees. 25 Sold 100 coupon books for $25 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 $900 on balance owed for advertising incurred on April 8. Mendez uses the following accounts: Cash, Prepaid Insurance. Land, Accounts Payable. Unearned Admission Revenue, C. J. Mendez, Capital: C. J. Mendez, Drawing: Admission Revenue. Advertising Expense, and Salaries Expense