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looking at the all information please help me in answering ledger with the help of journal entry. Thank you. UU The Triguel Theater Inc. was

looking at the all information please help
me in answering ledger with the help of journal entry.
Thank you.
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UU The Triguel Theater Inc. was recently formed. It began operations in March 2017. The True is unique in that it will show only triple features of sequential theme movies on March 1, the ledger of The Triguel showed Cash $17.000 and $397000 concession stand, orojection room, ticket booth and screer $22.000 Equipment $16.000 Accounts Payable $13,000 and Common Stock 581.000 During the month of March the following events and transactions occurred Mar 2 3 10 11 12 Rented the first three Star Wars movies (Star Wars The Empire Streak, and The Return of the Jed to be shown for the first three week of March. The film rentals 99.000 $1.000 was paid in cash and $8.000 will be paid on March 10 Ordered the first three Stor Tied movies to be shown the tast 10 dws of March. It will cost $500 per Required 50,200 cash trom admission Paid balance due on Star Wars movies rental and $2.900 on March 1 accounts payable The Triguel Theater contracted with R. Lazlo to operate the concession stand, Larto agrees to pay the Triguel 15% of kross receipts payable monthly, for the rental of the concession stand Paid advertising expenses $400 Received $7.300 cash from customers for admissione Received the Star Trek movies and paid rental fee of $4,000. Paid stories of $3.000 Received statement from R. Lazlo showing on receipts from concessions of 510.000 and the balance due to the Tequel of $1.500 (510,000x15) for March Larto pard half the balance de and will remit the remainder on April Received $19.000 cashtrom customers for admission 20 20 31 31 31 Using T-accounts, enter the beginning balances to the ledger. Cash 3/1 Bal. 17000 Land 3/1 Bal. 39000 Buildings 3/1 Bal. 22000 Equipment 3/1 Bal. 16000 Accounts Payable 3/1 Bal. 13000 Common Stock 3/1 Bal. 81000 (b) b Your Answer Correct Answer (Used) Journalize the March transactions. The Triquel records admission revenue as service revenue, concession revenue as sales revenue, and film rental expense as rent expense. (If no entry is required, select "No entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Mar 2 Rent Expense 9,000 Accounts Payable Cash Mar. 3 S No Entry No Entry Mar. Cash 9,200 Service Revenue Mar 10 Accounts Payable 10,900 Cash Mar 11 No Entry Mar. 12 Advertising Expense 400 Cash Mar. 20 ash 7,300 Service Revenue Mar. 20 Rent Expense 4,000 Cash Mar 31 Salaries and Wages Expense 3,600 Cash Mar 31 Cash 750,0 Accounts Receivable 750.0 Sales Revenue Mar 31 Cash 19.000 Service Revenue ( c) Your answer is partially correct Post the March journal entries to the ledger. (Post entries in the order of information presented in the question.) Cash 3/1 Bal. 17.000 3/2 9000 3/9 9200 3/10 10900 3/20 7300 3/12 400 3/31 750 3/20 4000 3/31 9950 Bal 34250 Accounts Receivable 3/31 750 Bal 750 Land 3/1 Bal 39,000 Buildings

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