Current Attempt in Progress Bradley's Miniature Golf and Driving Range Inc. was opened on March 1 by Bob Dean. These selected events and transactions occurred during March. Mar. 1 Stockholders invested $68,000 cash in the business in exchange for common stock of the corporation. Purchased Snead's Golf Land for $41,600 cash. The price consists of land $23,900, building $8,880, and equipment $8,820. (Record this in a single entry.) 3 Advertised the opening of the driving range and miniature golf course, paying advertising expenses of $1,440 cash. 6 Paid cash $4,500 for a 1-year insurance policy. 10 Purchased golf clubs and other equipment for $4,800 from Tahoe Company, payable in 30 days. 18 Received golf fees of $1,200 in cash from customers for golf services performed. Sold 120 coupon books for $10 each in cash. Each book contains 10 coupons that enable the holder to play one round of miniature golf or to hit one bucket of golf balls. (Hint: The revenue should not be recognized until the customers use the coupons.) 19 25 Paid a $670 cash dividend. 30 Paid salaries of $750. 30 Paid Tahoe Company in full for equipment purchased on March 10. 31 Received $950 in cash from customers for golf services performed. Journalize the March transactions. Bradley's records golf fees as service revenue. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

5. The following Statement of Cash Receipts and Disbursements was prepared by the bookkeeper of The Anchorage Arboretum Authority. The Arboretum Authority is a component unit of the City of Anchorage and must be included in the City's financial statements. It began operations on January 1, 2017 with no outstanding liabilities or commitments and only 2 assets: (1) $15,000 cash and (2) land that it had paid $23,000 to acquire. Cash Basis12 months Cash Receipts:Admission fees -- 375,200Borrowing from bank -- 80,00Total deposits -- 455,200 Cash Disbursements:Supplies -- 57,300Labor -- 229,700Utilities -- 54,700Purchase of machinery -- 90,000Interest on bank note -- 1,600Total checks -- 433,300 Excess of Receipts over Disbursements: 21,900 The loan from the bank is dated April 1 and is for a five year period. Interest (4% annual rate) is paid on Oct. 1 and April 1 of each year, beginning October 1, 2017. The machinery was purchased on April 1 with the proceeds provided by the bank loan and…

Required information [The following information applies to the questions displayed below.] Carl purchased an apartment complex for $3.5 million on March 17 of year 1. of the purchase price, $1,500,000 was attributable to the land the complex sits on. He also installed new furniture into half of the units at a cost of $84,000. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Enter your answers in dollars and not in millions of dollars. b. What is Carl's allowable depreciation deduction for year 3 if the real property is sold on January 2 of year 3? Note: Do not round intermediate computations. Round your final answer to the nearest whole dollar amount. Depreciation for year 3

Required information [The following information applies to the questions displayed below.] Palmer Cook Music Productions manages and operates two bands. The company entered into the following transactions during a recent year. January 2 Purchased a tour bus for $98,000 by paying $35,000 cash and signing a $63,000 note due in two years. In its accounting system, the company records the vehicle distinct from other types of equipment. January 8 After the bus was used for nearly one week, it was painted with the logos of the two bands at a cost of $400, on account. The logos did not increase the lifespan, operating capacity, or operating efficiency of the bus, but they were thought to be useful in promoting the bands. January 30 Wrote a check for the amount owed on account for the work completed on January 8. February 1 Purchased new speakers and amplifiers and wrote a check for the full $34,500 cost. February 8 Paid $300 cash for minor repairs to the tour bus. March 1 Paid $35,000 cash…