CALCULATOR TAL SCREEN PRINTER VERSION .BACK Problem 3-8A The Triquel Theater Inc. was recently formed. It began operations in March 2017. The Tiquel is unique in that it will show only triple features of sequential theme movies. On March 1, the ledger of The Triquel showed Cash $20,800; Land $42,800; Buildings (concession stand, projection room, ticket booth, and screen) $22,000; Equipment $16,000; Accounts Payable $16,800; and Common Stock $84,800. During the month of March, the following events and transactions occurred: Rented the first three star Wars movies (Star Wars8, The Empire strikes Back, and The Retum of the Jedi) to be shown for the first three weeks of March. The film ren $9,100; $2,000 was paid in cash and $7,100 will be paid on March 10 3 ordered the first three Star Trek movies to be shown the last 10 days of March It wil cost $500 per night. 9 Received $10,600 cash from admissions. 10 paid balance due on Star Wars movies' rental and $2,900 on March 1 accounts payable. 11 The Triquel Theater contracted with R. Lazo to operate the concession stand. Lazdo agrees to pay The Triguel 15% ofgross receipts, payable monthly for the rental of the 12 Paid advertising expenses $590. 20 Received s8,000 cash from customers for admissions. 20 Received the Star Trek movies and paid rental fee of $5,500. 31 Paid salaries of $3,600 31 statement from Lazlo showing gross receipts from concessions of $12,300 and the balance due to The Tiquel of $1,845 ($12,300 x .15) for March. Lazio paid half the balance due and will remit the remainder on April 5. 31 Received $20,400 cash from customers for admissions. Using Taccounts, enter the beginning balances to the ledger. asa palisx l D2020-2017 labo Wiltas sana Ink All Rights Reserved A Division of 2ghn Version 4.22.12 a