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Apr. 2 Paid film rental of $1,516 on first movie. 3 Ordered two additional films at $1,518 each. 9 Received $2,958 cash from admissions. 10

Apr. 2 Paid film rental of $1,516 on first movie.
3 Ordered two additional films at $1,518 each.
9 Received $2,958 cash from admissions.
10 Made $2,234 payment on mortgage and $1,172 for accounts payable due.
11 Classic Theater contracted with D. Zarle Company to operate the concession stand. Zarle is to pay 18% of gross concession receipts (payable monthly) for the rental of the concession stand.
12 Paid advertising expenses $359.
20 Received one of the films ordered on April 3 and was billed $1,518. The film will be shown in April.
25 Received $6,820 cash from admissions.
29 Paid salaries $2,248.
30 Received statement from D. Zarle showing gross concession receipts of $2,300 and the balance due to The Classic Theater of $414 ($2,300 X 18%) for April. Zarle paid one-half of the balance due and will remit the remainder on May 5.
30 Prepaid $889 rental on special film to be run in May.

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