directions : (3) record the april transactions in a general journal

2. Record the 3. Post the journal entries to the ledger. e November transactions in a two-column journal beginning on page 1 4. Prepare a trial balance as of November 30, 20X1. g Problems Challenge Problem The Georgian Theater is a Victorian-style theater that operated profitably for many years. In recent years, however, it had started to lose money due to intense competition from several multiscreen theaters that had opened in the area. several unsuccessful attempts to sell the theater while it was still in oper was closed on January The original owner made ation. Finally, it 4, 20X0, and has been vacant since. On April 2, 20X2, Kamiar 1 entered into a contract with the owner to purchase and restore th completed the following transactions during April: Chapter 3 | Starting the Accounting Cycle for a Service Business 129