( Post the begging balances to the ledger in the same format ) Note when I upload the pictures they may be out of order The Vaughn Theater, owned by Meg Vargo, will begin operations in March The Vaughn will be unique in that it will show only triple features of sequential theme movies As of March 1, the ledger of Vaughn showed Cash No 101 $2,950, No 140 Land $24,000, No 145 Buildings (concession stand, projection room, ticket booth, and screen) $12,000, No 157 Equipment $12,000, No 201 Accounts Payable $6,400, and No 301 Owners Capital $44,550 During the month of March, the following events and transactions occurred March 2 Rented the three Indiana Jones movies to be shown for the first 3 weeks of March The film rental was $3,400 $1,500 was paid in cash and $1,900 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 $190 per night 9 Received $4,400 cash from admissions 10 Paid balance due on Indiana Jones movies rental and $2,000 on March 1 accounts payable 11 Vaughn Theater contracted with Adam Ladd to operate the concession stand Ladd is to pay 15 of gross concession receipts, payable monthly, for the rental of the concession stand 12 Paid advertising expenses $900 20 Received $5,300 cash from customers for admissions 20 Received the Lord of the Rings movies and paid the rental fee of $1,900 31 Paid salaries of $2,800 31 Received statement from Adam Ladd showing gross receipts from concessions of $7,000 and the balance due to Vaughn Theater of $1,050 ($7,000 15 ) for March Ladd paid one half the balance due and will remit the remainder on April 5 31 Received $9,600 cash from customers for admissions No 145 Ref Debit Credit Balance No 157 Ref Debit Credit Balance Buildings Date Explanation Mar 1 Balance Equipment Date Explanation Mar, 1 Balance Accounts Payable Date Explanation Mar 1 Balance Owner's Capital Explanation No 201 Ref Debit Credit Balance No 301 Date Credit Balance Ref Debit Mar 1 Balance 46F Mostly cloudy 03 S 6 o Cash No 101 Date Explanation Ref Debit Credit Balance Mar 1 Balance Accounts Receivable Date Explanation No 112 Ref Debit Credit Balance Mar 1 Balance No 140 Land Date Credit Ref Explanation Debit Balance Mar 1 Balance No 145 Buildings Debit Red Credit Balance Date Explanation Mar 1 Balance 48F Mostly cloudy 6 7

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( Post the begging balances to the ledger in the same format ) Note when I upload the pictures they may be out of order

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( Post the begging balances to the ledger in the same format ) Note when I upload the pictures they may be out of order

The Vaughn Theater, owned by Meg Vargo, will begin operations in March. The Vaughn will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Vaughn showed: Cash No. 101 $2,950, No. 140 Land $24,000, No. 145 Buildings (concession stand, projection room, ticket booth, and screen) $12,000, No. 157 Equipment $12,000, No. 201 Accounts Payable $6,400, and No. 301 Owners Capital $44,550. During the month of March, the following events and transactions occurred.

March 2		Rented the three Indiana Jones movies to be shown for the first 3 weeks of March. The film rental was $3,400; $1,500 was paid in cash and $1,900 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 $190 per night.
9		Received $4,400 cash from admissions.
10		Paid balance due on Indiana Jones movies rental and $2,000 on March 1 accounts payable.
11		Vaughn Theater contracted with Adam Ladd to operate the concession stand. Ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.
12		Paid advertising expenses $900.
20		Received $5,300 cash from customers for admissions.
20		Received the Lord of the Rings movies and paid the rental fee of $1,900.
31		Paid salaries of $2,800.
31		Received statement from Adam Ladd showing gross receipts from concessions of $7,000 and the balance due to Vaughn Theater of $1,050 ($7,000 15%) for March. Ladd paid one-half the balance due and will remit the remainder on April 5.
31		Received $9,600 cash from customers for admissions.

No. 145 Ref Debit Credit Balance No. 157 Ref Debit Credit Balance Buildings Date Explanation Mar. 1 Balance Equipment Date Explanation Mar, 1 Balance Accounts Payable Date Explanation Mar. 1 Balance Owner's Capital Explanation No. 201 Ref Debit Credit Balance No. 301 Date Credit Balance Ref Debit Mar 1 Balance 46F Mostly cloudy 03 S 6 o Cash No. 101 Date Explanation Ref Debit Credit Balance Mar. 1 Balance Accounts Receivable Date Explanation No. 112 Ref Debit Credit Balance Mar. 1 Balance No. 140 Land Date Credit Ref Explanation Debit Balance Mar. 1 Balance No. 145 Buildings Debit Red Credit Balance Date Explanation Mar 1 Balance 48F Mostly cloudy 6 7