please use attachments for the problems.

Name Section Date Problem 2-1A McKay Disc Golf Course General Journal 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Date Mar. 1 Account Titles and Explanation J1 Ref. Debit Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 3 5 6 10 18 19 25 30 71 Name Section Date Problem 2-1A Concluded McKay Disc Golf Course General Journal 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 Date Mar. 30 Account Titles and Explanation J1 Ref. Debit Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 31 72 Name Section Date Problem 2-5A Lunt Theater (a) and (c) Cash Date Mar. 1 No. 101 Explanation Balance Ref. Debit Credit Accounts Receivable Date Explanation No. 112 Ref. Debit Credit Land Date Mar. 1 Explanation Balance Ref. Debit Credit Explanation Balance Ref. Debit Credit Explanation Balance Ref. Debit Credit Balance 10,000 No. 201 Explanation Balance Ref. Debit Credit Owner's Capital Date Mar. 1 Balance 10,000 No. 157 Accounts Payable Date Mar. 1 Balance 24,000 No. 145 Equipment Date Mar. 1 Balance No. 140 Buildings Date Mar. 1 Balance 3,000 Balance 7,000 No. 301 Explanation Balance Ref. Debit 80 Credit Balance 40,000 Name Section Date Problem 2-5A Continued Lunt Theater (a) and (c) (Continued) Service Revenue Date No. 400 Explanation Ref. Debit Credit Rent Revenue Date No. 429 Explanation Ref. Debit Credit Advertising Expense Date Explanation Ref. Debit Credit Explanation Balance No. 726 Ref. Debit Credit Rent Expense Date Balance No. 610 Salaries and Wages Expense Date Balance Balance No. 729 Explanation Ref. Debit 81 Credit Balance Name Section Date Problem 2-5A Continued Lunt Theater (b) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 General Journal Date Mar. 2 Account Titles and Explanation J1 Ref. Debit Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 3 9 10 11 12 20 20 31 82 Name Section Date Problem 2-5A Concluded Lunt Theater (b) (Cont) Date Mar. 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 General Journal Account Titles and Explanation J1 Ref. Debit Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 31 (d) Lunt Theater Trial Balance March 31, 2014 Debit 1 Cash 2 Accounts Receivable 3 Land 4 Buildings 5 Equipment 6 Accounts Payable 7 Owner's Capital 8 Service Revenue 9 Rent Revenue 10 Advertising Expense 11 Salaries and Wages Expense 12 Rent Expense 13 14 15 16 17 Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 83 P2-1A Journalize a series of (LO McKay Disc Golf Course was opened on March 1 by Evan McKay. The following selected events and transactions occurred during March. Invested $20,000 cash in the business. Purchased Sable's Golf Land for $15,000 cash. The price consists of land $12,000, $2,000, and equipment $1,000. (Make one compound entry.) Paid advertising expenses of $700. Paid cash $600 for a one-year insurance policy. Purchased golf discs and other equipment for $1,050 from Taylor Company payab 30 days. Received $1,100 in cash for golf fees (McKay records golf fees as service revenue Sold 150 coupon books for $10 each. Each book contains 4 coupons that enable th holder to play one round of disc golf. Withdrew $800 cash for personal use. Paid salaries of $250. Paid Taylor Company in full. Received $2,100 cash for golf fees. McKay Disc Golf uses the following accounts: Cash, Prepaid Insurance, Land, Buildings, Equipment, Accounts Payable, Unearned Service Revenue, Owner's Capital, Owner's Drawings, Service Revenue, Advertising Expense, and Salaries and Wages Expense. Instructions Journalize the March transactions. P2-5A Journalize transactio prepare a trial balanc (LO The Lunt Theater, owned by Beth Saxena, will begin operations in March. The Lunt will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Lunt showed: No. 101 Cash $3,000, No. 140 Land $24,000, No. 145 Buildings (concession stand, projection room, ticket booth, and screen) $10,000, No. 157 Equipment $10,000, No. 201 Accounts Payable $7,000, and No. 301 Owner's Capital $40,000. During the month of March, the following events and transactions occurred. Rented the three Indiana Jones movies to be shown for the first 3 weeks of March film rental was $3,500; $1,500 was paid in cash and $2,000 will be paid on March Ordered the Lord of the Rings movies to be shown the last 10 days of March. It wi $200 per night. Received $4,000 cash from admissions. Paid balance due on Indiana Jones movies rental and $2,100 on March 1 accounts payable. Lunt Theater contracted with John Blume to operate the concession stand. Blume i pay 15% of gross concession receipts, payable monthly, for the rental of the conce Paid advertising expenses $800. Received $5,000 cash from customers for admissions. Received the Lord of the Rings movies and paid the rental fee of $2,000. Paid salaries of $3,100. Received statement from John Blume showing gross receipts from concessions of $6,000 and the balance due to Lunt Theater of $900 ($6,000 15%) for March. Bl paid one-half the balance due and will remit the remainder on April 5. Received $9,000 cash from customers for admissions. In addition to the accounts identified above, the chart of accounts includes: No. 112 Accounts Receivable, No. 400 Service Revenue, No. 429 Rent Revenue, No. 610 Advertising Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. Instructions (a) Enter the beginning balances in the ledger. Insert a check mark ( ledger for the beginning balance. (b) Journalize the March transactions. Lunt records admission revenue a concession stand as rent revenue, and film rental expense as rent exp (c) Post the March journal entries to the ledger. Assume that all entries a journal. (d) Prepare a trial balance on March 31, 2014. Trial balance totals $63,800