(a) Enter the beginning balances in the ledger as of April 1. Cash No. 101 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 1520 1520 Land No. 140 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Buildings No. 145 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Equipment No. 157 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Accounts Payable No. 201 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Mortgage Payable No. 275 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Common Stock No. 311 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance Date Account Titles and Explanation Debit Credit Apr. 10 Apr. 30 (Received cash and balance on account for concession revenue) (Paid cash for future film rentals) Cash No. 101 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 7,390 J1 J1 J1 J1 J1 J1 J1 J1 Accounts Receivable No. 112 Date Explanation Ref. Debit Credit Balance J1 Prepaid Rent No. 136 Date Explanation Ref. Debit Credit Balance J1 Land No. 140 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 10,610 Buildings No. 145 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 6,610 Equipment No. 157 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 7,390 Accounts Payable No. 201 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 3,390 J1 J1 Mortgage Payable No. 275 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 8,610 J1 Common Stock No. 311 Date Explanation Ref. Debit Credit Balance Apr. 1 Balance 20,000 Service Revenue No. 400 Date Explanation Ref. Debit Credit Balance J1 J1 Rent Revenue No. 429 Date Explanation Ref. Debit Credit Balance J1 Advertising Expense No. 610 Date Explanation Ref. Debit Credit Balance J1 Salaries and Wages Expense No. 726 Date Explanation Ref. Debit Credit Balance J1 Rent Expense No. 729 Date Explanation Ref. Debit Credit Balance J1 J1 Prepare a trial balance on April 30, 2017. PALACE THEATER Trial Balance Debit Credit $ $ Totals $ $