read Sprente PROBLEMS: SET A FSA zpar Miniature Golf and Driving Range was opened on March 1 by Arnold Nicholas The following selected events and transactions occurred during March: Mar. Invested $50,000 cash in the business. Purchased Tee's Golf Land for $38,000 cash. The price consists of land $23.00), build- ing $9,000, and equipment $6.000. (Make one compound entry.) 5 Advertised the opening of the driving range and miniature golf course, aying adver- tising expenses of $1.600. Paid cash $1,480 for a one-yeal insurance policy. Prepaid mining 10 Purchased golf clubs ana other equipment for $2,600 from Woods Company payable in 30 day's 18 Received S&W i cash forgolt fees earned) Sold 100 coupon Looks for 515 each. Each book contains 10 coupons that enable the holder to play one round of ininiature golf or to hit one bucket of golf balls 25 Withdrew $2.000 cash for personal use. 30 Paid salariez of $600. 30 Paid Wompany in full. 31 Received 3500 cash for fees earned Amold Nicholas uses the following accounts: Cash; Prepaid Insurance; Land; buildings; Equipmeat; Accounts Payable; Unearned Revenue, Arnold Nicholas, Capital; Amold Nicholas, Drawing: Golf Revenue; Advertising Expense, and Salaries Expense. read Sprente PROBLEMS: SET A FSA zpar Miniature Golf and Driving Range was opened on March 1 by Arnold Nicholas The following selected events and transactions occurred during March: Mar. Invested $50,000 cash in the business. Purchased Tee's Golf Land for $38,000 cash. The price consists of land $23.00), build- ing $9,000, and equipment $6.000. (Make one compound entry.) 5 Advertised the opening of the driving range and miniature golf course, aying adver- tising expenses of $1.600. Paid cash $1,480 for a one-yeal insurance policy. Prepaid mining 10 Purchased golf clubs ana other equipment for $2,600 from Woods Company payable in 30 day's 18 Received S&W i cash forgolt fees earned) Sold 100 coupon Looks for 515 each. Each book contains 10 coupons that enable the holder to play one round of ininiature golf or to hit one bucket of golf balls 25 Withdrew $2.000 cash for personal use. 30 Paid salariez of $600. 30 Paid Wompany in full. 31 Received 3500 cash for fees earned Amold Nicholas uses the following accounts: Cash; Prepaid Insurance; Land; buildings; Equipmeat; Accounts Payable; Unearned Revenue, Arnold Nicholas, Capital; Amold Nicholas, Drawing: Golf Revenue; Advertising Expense, and Salaries Expense