P2.1A (LO 1, 2) Holz Disc Golf Course was opened on March 1 by lan Holz. The following selected events and transactions occurred during March. Journalize a series of transactions. Mar. 1 Invested $20,000 cash in the business. 13 Purchased Rainbow Golf Land for $15,000 cash. The price consists of land $12,000, shed $2,000, and equipment $1,000. (Make one compound entry) 5 Paid advertising expenses of $900. 6 Paid cash $600 for a one-year insurance policy. 1 Purchased golf discs and other equipment for $1,050 from Stevenson o Company payable in 30 days. 1 Received $1,100 in cash for golf fees (Holz records golf fees as service 8 revenue). 1 Sold 150 coupon books for $10 each. Each book contains 4 coupons that 9 enable the holder to play one round of disc golf. 2 Withdrew $800 cash for personal use. 5 13 Paid salaries of $250. 0 3 Paid Stevenson Company in full. 3 Received $2,700 cash for golf fees. Holz 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. Instructions Journalize the March transactions