Sunland Park was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurred during April.

Apr.

1.  Stockholders invested $50,400 cash in the business in exchange for common stock. 

4.  Purchased land costing $29,700 for cash. 

8.  Incurred advertising expense of $2,000 on account. 

11  Paid salaries to employees $1,460. 

12  Hired park manager at a salary of $4,500 per month, effective May 1. 

13  Paid $1,700 cash for a one-year insurance policy. 

17  Declared and paid a $1,430 cash dividend. 

20  Received $5,400 in cash for admission fees. 

25  Sold 165 coupon books for $42 each. Each book contains 10 coupons that entitle the holder to one admission to the park. 

30  Received $9,000 in cash admission fees. 

30  Paid $840 on balance owed for advertising incurred on April 8. 

Sunland uses the following accounts:

Cash, Prepaid Insurance, Land, Accounts Payable, Unearned Service Revenue, Common Stock, Dividends, Service Revenue, Advertising Expense, and Salaries and Wages Expense. 

 Journalize the April transactions.