Answer:
JOURNAL ENTRIES
01 Dec Debit bank $2,900,000 Credit Note payable $2,900,000
31 Dec Debit Snowplow $95,000 Credit Bank $95,000
   c)    Debit inventory $31,000 Credit Accounts Payable $31,000
   d) Debit Maintenance expense $55,000 Credit Bank $55,000
    e)Debit Bank $378,000 Credit Season Passes $378,000
     f) Debit Accounts receivables $740 Credit Revenue $740
    g)  Debit Cost of sales $420 Credit Inventory $420
     h) Debit Bank $260,000 Credit Daily lift passes $260,000
     i) Debit Bank $2,200 Credit refundable deposit $2,200
 j)  Debit Accounts payable $15500 Credit Bank $15,500
  k) Debit Bank $410 Credit Accounts receivables $410
     l) Debit Salaries and Wages $264,000 Credit Bank $264,000 
Explanation:
1. Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)