View Policies Current Attempt in Progress Martinez's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March Mar. 1 Stockholders invested $61,000 cash in the business in exchange for common stock of the corporation. 3 Purchased Snead's Golf Land for $42,100 cash. The price consists of land $24,300, building $8,980, and equipment $8,820. (Record this in a single entry) 5 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $1,690 cash. 6 Paid cash $2,050 for a 1-year insurance policy. 10 Purchased golf clubs and other equipment for $5,150 from Tahoe Company, payable in 30 days. 18 Received golf fees of $2,200 in cash from customers for golf services performed 19 Sold 130 coupon books for $25 each in cash. Each book contains 10 coupons that enable the holder to play one round of miniature golf or to hit one bucket of golf balls. (Hint: The revenue should not be recognized until the customers use the coupons.) 25 Paid a $530 cash dividend. 30 Paid salaries of $900. 30 Paid Tahoe Company in full for equipment purchased on March 10. 31 Received $950 in cash from customers for golf services performed. Journalize the March transactions. Martinez's records golf fees as service revenue. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts, Credit account titles are automatically indented when amount entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Credit Account Titles and Explanation 2744 /2651311 Credit Date Account Titles and Explanation Q Search or type URL X Cha Homework de Financial Accounting Course 2016 (05x Question 1. are the towe Courses/27944/assignments/2651311 (Paid salaries expense) (Paid creditor on account) eTextbook and Media List of Accounts Q Search or type URL s l