Splish Brothers Inc. was opened on March 1 by Phil Woods. The following selected events and transactions occurred during March: March 1 3 5 6 10 18 25 Invested $78,300 cash in the business in exchange for common shares. Purchased Mickey Mickelson's Golf Land for $65,870 cash. The price consists of $2,570 for March rent that was already paid on a storage warehouse; land, $18,200; buildings, $32,000; and equipment, $13,100. To advertise the new driving range, Splish Brothers sponsored and paid for an open house costing $6,850. Paid $2,260 cash for a one-year insurance policy. Purchased golf equipment for $5,420 from Marigold Corp. payable in 30 days. Earned fees of $3,440, which were billed on account. Declared and paid a $1,610 cash dividend. Incurred and paid salaries and wages expense of $2.140. Paid rent for the month of April in the amount of $2,490. Received fees of $890 related to a golf tournament that will take place in April. 28 30 31 Woods uses the following accounts for his company: Cash; Prepaid Insurance: Prepaid Rent; Land; Buildings; Equipment: Accounts Payable; Unearned Revenue; Common Shares; Dividends: Service Revenue; Advertising Expense; Rent Expense; and Salaries and Wages Expense. (a) Journalize the March transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit