Ivanhoe Theatre, owned by Nadia Jones, is unique as it shows only movies that are part of a theme with sequels. As at April 30 , 2024, the ledger of Ivanhoe Theatre showed the following Cash $18,600, Land $75,100, Buildings $70,700, Equipment $16,400, Accounts Payable \$5.090, Mortgage Payable $104,800, and N Jones, Capital $70.910. In May, the following events and transactions occurred: May 1 Rented the first four Harry Potter movies, to be shown in the first two weeks of May. The film rental was $25,200,06 that amount, $10,384 was paid in cash and the baance will be paid on May 10 . 2 Hired M. Brewer to operate the concession stand. Brewer agreed to pay Ivanhoe Theatre 15% of gross concession receipts, on the last day of each month, for the right to operate the concession stand. 7 Paid advertising expenses, $1,990. 10 Received $34,340 cash from customers for admissions. 10 Paid the balance due from the May 1 movie rental transaction. 15 Received the final four Harry Porter movies to be shown in the last two weeks of May. The film rental cost was $26,600. Paid $13,300 cash and the balance will be paid on June 1 25. Paid the accounts payable owing at the end of Aprit: 30 Paid salaries of $4,430. 31 Received statement from Brewer showing gross receipts from concessions of $27.500 and the balance due to lvanhoe Theatre of $4,125($27,50015%) for May. Brewer paid $2,400 of the balance due and will pay the rest on June 5 . 30. Paid salaries of $4,430 31 Received statement from Brewer showing aross receipts from concessions of $27,500 and the balance due to fvanhoe Theatre of 54,125($27,50015% ) for May. Brewer paid $2,400 of the balance due and will pay the rest on fune $. 31 Received 540,500 cash from admissions. 31 Made a $1,790 mortgape payment, Of this amount, $1,185 is a principal payment, and $605 is interest on the mortgtage In addition to the accounts identified above, fvanhoe Theatres ledger includes the followirye Accounts Receivable: Admission Revenue; Concession Revenue; Advertising Expense; Film Rental Expense; interest Expense; and Salaries Expense. (a) Journalice the May transactions (Credit account titles are automatically indented when amount is entered, Do not indent manuolly, if no entry is required, seiect "No Entry" for the account titles and enter 0 for the amounts. Record joumal entries in the order presented in the problem List all debit entries before credit entries)