Question

b) ParFrontier k was started on April 1 by M. Preston. The following selected events and transactions occurred during April.
Apr. 1 Preston invested $45,000 cash in the business.
4 Purchased land costing $30,000 for cash.
8 Incurred advertising expense of $2,800 on account.
11 Paid salaries to employees $2,000.
12 Hired park manager at a salary of $5,000 per month, effective May 1.
13 Paid $3,550 cash for a one-year insurance policy.
17 Withdrew $1,800 cash for personal use.
20 Received $7,500 in cash for admission fees.
25 Sold 120 coupon books for $35 each. Each book contains 12 coupons that entitle the holder to one admission to the park
30 Received $9,500 in cash admission fees.
30 Paid $1,500 on balance owed for advertising incurred on April 8.
Frontier Park uses the following accounts: Cash, Prepaid Insurance, Land, Accounts Payable, Unearned Service Revenue, Owner’s Capital, Owner’s Drawings, Service Revenue, Advertising Expense, and Salaries and Wages Expense.
June Journalize the April transactions.

Answer 1

Answer:

June journalize the april trandaction.

Fontire the salary which became the most high school in the college.

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