Question 4) Grassy Giant Golf Course had the events and transactions occurred during March, it's first month of operations. March: 1 3 5 6 10 18 19 2335 30 30 31 Stockholders invested $75,000 cash in the business in exchange for common stock of the corporation Purchased Minnis' Miniature Golf for $69,000 cash since he didn't know how to run the place. The price consists of land $43,000, building $19,000, and equipment $7,000. Advertised the opening of the driving range and perfect golf course, paying advertising expense of $1,200. Paid cash $2,400 for a 1-year insurance policy. Purchased golf clubs and other equipment for $5,500 from Bayer Bear Company, payable in 30 days. Received golf fees of $1,600 in cash from customers for golf services performed. Sold 175 coupon books for $25 each in cash. Each book contains ten coupons that enable the holder to play one round of miniature golf or to hit one bucket of golf balls. Paid a $500 cash dividend. Paid salaries of $800. Paid Bayer Bear Company half of the balanced owed. Received $900 in cash from customers for golf services performed. Grassy Giant's Chart of Accounts: Cash, Accounts Receivable, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Unearned Service Revenue, Common stock, Dividends, Service Revenue, Advertising Expense, and Salaries Expense. Instructions: Journalize the March transactions.