Prairie Park was started on April 1 by C. J. Amaro and associates. The following selected events and transactions occurred...
Prairie Park was started on April 1 by C. J. Amaro and associates. The following selected events and transactions occurred during April.
Apr. 1 Stockholders invested $49,109 cash in the business in exchange for common stock.
4 Purchased land costing $30,756 for cash.
8 Incurred advertising expense of $1,929 on account.
11 Paid salaries to employees $1,620.
12 Hired park manager at a salary of $4,640 per month, effective May 1.
13 Paid $1,132 cash for a one-year insurance policy.
17 Declared and paid a $1,554 cash dividend.
20 Received $5,549 in cash for admission fees.
25 Sold 180 coupon books for $50 each. Each book contains 10 coupons that entitle the holder to one admission to the park.
30 Received $9,458 in cash admission fees.
30 Paid $747 on balance owed for advertising incurred on April 8.
Amaro 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. (Record entries in the order displayed in the problem statement. 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 is entered. Do not indent manually.)
14 years ago
999999.99
Answer(0)
Bids(0)
other Questions(10)
- what does it mean to talk about an "aristocracy" in american political-economic context and how/when do the various authors see our country as theatened by this political form
- Educational Videos
- HKW: P.M
- In 2006 rental car companies often charged more to rent a compact car than an SUV or a luxury vehicle....
- what is the number of times an object vibrates in a given time
- What was life on the arabian peninsula before Islam was founded?
- Test one, sp12 True/False Indicate whether the statement is true or false. ____ 1. Humans are essentially social beings. ____ 2. America is so powerful that it doesn’t...
- a bullet leaves a rifle with a muzzle velocity of 521 m/s. while accelerating through the barrel of the rifle,...
- MAT 222 Week @ Ashford University Online
- A classrom bulletin boart is 7 feet. If there is a picture of a studen every 6 inches aling the...