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P2-1A  Frontier Park was started on April 1 by C. J. Mendez and associates. The pastime selected events and transactions occurred during April.  Apr. 1 Stockholders invested $40,000 smooth in the business in exchange for common stock.  4 Purchased pour down costing $30,000 for capital.  8 Incurred advertising outlay of $1,800 on account.  11 Paid salaries to employees $1,500.  12 Hired park conductor at a fix of $4,000 per month, effective May 1.  13 Paid $1,500 interchange for a yearly insurance policy.  17 Declared and remunerative a $1,000 exchange dividend.  20 legitimate $5,700 in specie for entrance fee fees.  25 exchange 100 coupon books for $25 each. distributively book contains 10 coupons that entitle the holder to iodin rise to power to the park.  30 certain $8,900 in cash admission fees.  30 Paid $900 on balance owed for advertising incurred on April 8.  Mendez uses the by-line accounts: Cash; prepay Insurance; Land; fib account payable; honorary admission price revenue; Common stock; Dividends; entrance fee Revenue; Advertising disbursal; and Salaries Expense.  Instructions  Journalize the April transactions. (If there is no transaction, enter No presentation as the description and 0 for the amount.)  Date Description/ banknote Debit Credit  Apr. 1 (Issued shares of stock for cash.) Apr. 4 (Purchased land for cash.) Apr. 8 (Incurred advertising disbursal on account.) Apr.

11 (Paid salaries.) Apr. 12 (Hired park manager.) Apr. 13 (Paid for one-year insurance policy.) Apr. 17 (Declared and paid cash dividend.) Apr. 20 (Received cash for services provided.) Apr. 25 (Received cash for future services.) Apr. 30 (Received cash for services provided.) Apr. 30 (Paid creditor on account.) Link to text 1Link to schoolbook 2| * College Accounting - David, Sunday, defect 20, 2011 at 8:08pm Apr. 1 Cash $40,000.00 Capital $40,000.00  Apr. 4 Land $30,000.00 Cash $30,000.00  Apr. 8 Advertising $1,800.00 Accounts Payable $1,800.00 ...If you necessity to get a broad(a) essay, identify it on our website: Ordercustompaper.com

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