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Please solve this question within 1 hour. Thank you. The Tikatuli Theater is owned by Mithila Ali. All Facilities were completed on January 31, 2020.

Please solve this question within 1 hour.

Thank you.

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The Tikatuli Theater is owned by Mithila Ali. All Facilities were completed on January 31, 2020. At this time the ledger showed: No 101 cash Taka TK 6000. No 141 land taka 10000, No.146 Buildings (concession Stand, projection room, ticket booth, and screen) Taka 8000. No 157 Equipment Tk 6000. No 201 Accounts payable Tk 2000. No. 276 Mortgage payable TK 8000 and No.301 Mithila Ali, capital 20000 Tk. During February the following transaction occurred. Feb 2: Ordered two additional films at th 1500 each Feb 3: Made taka 3000 payment on mortgage and tk 1000 for accounts payable due. Feb 4: Tikatuli Theater contracted with Bolaka Institute to operate the concession receipts. Bolaka is to pay 17% of gross concession receipts (payable monthly) for the right to operate the concession Stand. Feb 9: Received one of the films to order on February 2 was billed Taka. The film will be shown in February. Feb 10: Purchased Theater supplies on credit 1500. Feb 11: Receive a credit memorandum for unsatisfactory theater supplies purchased on feb 10 and returned for credit taka 500. Feb 17: Received state from Bolaka showing gross concession receipts of th 1000 and the balance due to Tikatuli Theater of taka 170 (TK 1000*17%) for February Bolaka paid one half of the balance due and will remit the remainder on march 5 Feb 20: Prepaid TK. 900 rental on special film to be run in March 25 Feb 30: Cost of unused Supplies Taka 1000. Instructions: a. Record the transactions using appropriate journal. b. Post them in appropriate accounts. (prepare only Cash, Purchase, Accounts payable, Rent expense, Supplies Account)

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