with full numbers

The Arid Sands Golf Club was opened for business on 1 July by Todd Simpson. The following selected events and transactions occurred during the first month of operations. July 1 3 6 10 18 19 The owner invested $2 500 000 cash into the business. Acquired the business of Jeffrey's Golf World for $1 800 000 cash. The price consisted of land $1000 000, building $650 000, and equipment $150 000 Advertised the opening of the golf course, paying advertising expenses of $36 000 for a major television campaign Paid cash $36 000 for a 1-year insurance policy. Purchased new golfing equipment for $60 000 from Rory Golfing, payable in 30 days. Received golf membership fees of $22000 in cash Sold 200 coupon books for $400 each. Every book contains 10 coupons each of which entitles the holder to one round of golf Simpson withdrew $10 000 cash for personal use. Pald wages of $12 600 Paid Rory Golfing info nfull Received $12000 cash for golf fees. 25 27 29 30 31 Prepare general journal entries for the month of July, using appropriate account titles. Assume that a GST of 10% needs to be added for all appropriate transactions. Date Particulars Debit Credit July 1 Cash at bank Todd Simpson, capital Cash contributed by owner. 3 Land Building Equipment GST Receivable Casihat bank Jeffrey's Golf World acquired for cash. 6 Adivertir expense 6 Advertising expense GST Receivable Cash at bank Cash paid for advertising. 10 Prepaid insurance GST Receivable II Cash at bank Cash paid for 1 year insurance policy. 18 Golfing Equipment GST Receivable Equipment Purchase of golfing equipment from Rory Golfing, 19 Cash at bank 19 Cash at bank GST Receivable Golf Fees Income Cash received for golf fees. 25 Cash at bank Unearned Golf Services GST Payable Cash received on sale of 200 coupon books for $400 each. 27 Todd Simpson, drawings Cash at bank Cash withdrawn by owner. 29 Wages Expense Cash at bank Cash paid for wases Cash withdrawn by owner. 29 Wages Expense Cash at bank Cash paid for wages 30 Accounts payable Cash at bank I Cash to Rory Golfing. 31 Cash at bank GST Receivable Cash received for golf fees