P2-1A Prairie Park ASA was started on April 1 by F. L. Wright and associates. The follow- ing selected events and transactions occurred during April . Apr: 1 Shareholders invested 50,000 cash in the business in exchange for ordinary shares. 4 Purchased land costing 34,000 for cash. 8 Incurred advertising expense of 1,800 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 1,500 cash for a one-year insurance policy. 17 Declared and paid a 1,400 cash dividend. 20 Received 6,400 in cash for admission fees. 25 Sold 100 coupon books for 30 each. Each book contains 10 coupons that entitle the holder to one admission to the park. 30 Received 8,500 in cash admission fees. 30 Paid 900 on balance owed for advertising incurred on April 8. Instructions: Journalize the April transactions