Instructions Prepare a transaction analysis using T-accounts. P3-4 (LO 2), AP The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be unique in that it will show only triple features of sequential theme movies. As of March 1, the account balances of Starr were as follows: Cash $3,000, Equipment $44,000, Accounts Payable $7,000, and Owner's Capital $40,000. During the month of March, the following events and transactions occurred. Prepare a transaction analysis using T-accounts. 10 Mar. 2 Rented the three Indiana Jones movies to be shown for the first 3 weeks of March. The film rental was $3,500; $1,500 was paid in cash and $2,000 will be paid on March 10. 3 Ordered the Lord of the Rings movies to be shown the last 10 days of March. It will cost $200 per night. 9 Received $4,300 cash from admissions. Paid balance due on Indiana Jones movies rental and $2,100 from March 1 accounts payable balance. 12 Paid advertising expenses $900. Received $5,000 cash from customers for admissions. 21 Received the Lord of the Rings movies and paid the rental fee of $2,000. 30 Received $9,000 cash from customers for admissions. 31 Paid salaries of $3,100. In addition to the accounts identified above, the chart of accounts includes Accounts Receivable, Service Revenue, Advertising Expense, Salaries and Wages Expense, and Rent Expense. 20 Instructions Prepare a transaction analysis using T-accounts