ext pa Cedar Point is an amusement park in Sandusky, Ohio, owned by Cedar Fair Entertainment Company Over 3.5 million people visit Cedar Point each year between May and October. covers 364 acres and has more than 150 rides and attractions, including 16 roller coasters. Cedar Point is the second oldest continuously operating amusement park in the United States (the oldest is Lake Compounce in Connecticut.) Millions of events occur at Cedar Point each year. The following items are possible events: (Click the icon to view the possible events.) Read the requirements: Requirement 1. What criteria does an event have to meet to qualify as a financial transaction? Identify which of the listed events are financial transactions Begin by selecting the criteria an event has to meet to qualify as a financial transaction. (Select two possible answers.) Can be measured reliably. Has a financial impact on a business. Must provide a future benefit for a business. The transaction can be one or two-sided. Requirements 1. What criteria does an event have to meet to qualify as a Inancial transaction? identify which of the fated events are financial transactions. 2 Journalize each of the transactions. 3. Indicate how the company's assens, labilites, and equity would be impacted i by each transaction Print Done More info . May 1: . May 3: - May 6: . May May 15: . May 18: Sell admission tickets, $150,000, cash Purchase merchandise inventory, $9,000, on account Rent lockers to guests, $700, cash Sign a letter of intent to switch electric suppliers starting in June Pay employees, $92.000, cash Make an offer of employment for a new position in the Merchandise & Games office May 20: Borrow money from bark by signing a six-month note, $400,000 Print Done Clear all Check