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Skysong Park was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurred during April Apr. 1 4
Skysong Park was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurred during April Apr. 1 4 8 11 12 13 Stockholders invested $49.500 cash in the business in exchange for common stock Purchased land costing $29.200 for cash. Incurred advertising expense of $ 1.890 on account. Paid salaries to employees $1.990. Hired park manager at a salary of $ 3.400 per month effective May 1 Paid $ 1,880 cash for a one-year insurance policy. Declared and paid a $1,730 cash dividend. Received $ 6,100 in cash for admission fees. Sold 147 coupon books for $59 each. Each book contains 10 coupons that entitle the holder to one admission to the park Received $ 8.300 in cash admission fees. Paid $ 710 on balance owed for advertising incurred on April 8. 17 20 25 30 30 Journalize the April transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit
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