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P2-1A  Frontier Park was started on April 1 by C. J. Mendez and associates. The sideline selected events and transactions occurred during April.  Apr. 1 Stockholders invested $40,000 bills in the business in exchange for common stock.  4 Purchased degrade costing $30,000 for capital.  8 Incurred advertising outlay of $1,800 on account.  11 Paid salaries to employees $1,500.  12 Hired park coach at a recompense of $4,000 per month, effective May 1.  13 Paid $1,500 interchange for a yearly insurance policy.  17 Declared and compensable a $1,000 property dividend.  20 authentic $5,700 in exchange for ingress fee fees.  25 change 100 coupon books for $25 each. distributively book contains 10 coupons that entitle the holder to integrity portal to the park.  30 have $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; prepaid Insurance; Land; composition account payable; honorary admission price taxation; Common stock; Dividends; penetration Revenue; Advertising write down; and Salaries Expense.  Instructions  Journalize the April transactions. (If there is no transaction, enter No entrance as the description and 0 for the amount.)  Date Description/ bankers bill Debit Credit  Apr. 1 (Issued shares of stock for cash.) Apr. 4 (Purchased land for cash.) Apr. 8 (Incurred advertising put down 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 text 2| * College Accounting - David, Sunday, march 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 unavoidableness to get a broad(a) essay, parliamentary law it on our website: Orderessay

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