Paula Creamer opened Creamer's Miniature Golf and Driving Range Inc. on May 1. The following selected events and transactions occurred during May. May 1 Invested $62,500 cash in the business in exchange for common stock. 3 Purchased Moises Morenos Golf Land for $47,500 cash. The price consists of land $12,500; building $27,500; and equipment $7,500. (Make one compound entry for this transaction.) 5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $2,000. 6 Paid cash $1,850 for a one-year insurance policy. 10 Purchased golf equipment for $3,125 from Moore Company, payable in 30 days. 18 Received golf fees of $1,500 in cash. 25 Declared and paid a $300 cash dividend. 30 Paid wages of $1,125. 30 Paid Moore Company in full. 31 Received $950 of fees in cash. Required: Record the journal entry for each transaction in the general journal. You can simply create your own version of the general journal in Word, Excel, or similar