Post the March journal entries to the ledger. (Post entries in the order of journal entries presented in the previous question.) Cash Date Explanation Ref Debit Mar. 1 Balance J1 > > 31 31 J1 31 31 J1 31 Credit No. 101 Balance 2.950 31 Accounts Receivable No. 112 Accounts Receivable Date No. 112 Explanation Ref Debit Credit Balance J1 Land No. 140 Date Explanation Ref Debit Credit Balance Mar. 1 Balance 25,000 Buildings No. 145 Date Explanation Ref Debit Credit Balance Mar. 1 Balance Equipment Date Explanation Ref Debit Credit Mar. 1 Balance Accounts Payable Balance 10,000 No. 157 10,000 No. 201 Date Explanation Ref Debit Credit Balance Mar. 1 Balance 7,500 J1 J1 Owner's Capital No. 301 Date Explanation Ref Debit Credit Balance Mar. 1 Balance 40,450 Service Revenue No. 400 Date Explanation Ref Debit Credit Balance J1 J1 J1 No. 429 Rent Revenue Date Explanation Ref Debit Credit Balance J1 Advertising Expense Date No. 610 Explanation Ref Debit Credit Balance J1 Salaries and Wages Expense Date Explanation No. 726 Ref Debit Credit Balance The Bonita Theater, owned by Meg Vargo, will begin operations in March. The Bonita will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Bonita showed: Cash No. 101 $2,950, No. 140 Land $25,000, No. 145 Buildings (concession stand, projection room, ticket booth, and screen) $10,000, No. 157 Equipment $10,000, No. 201 Accounts Payable $7,500, and No. 301 Owner's Capital $40,450. During the month of March, the following events and transactions occurred. Mar, 2 3 Rented the three Indiana Jones movies to be shown for the first 3 weeks of March. The film rental was $3,100; $1,500 was paid in cash and $1,600 will be paid on March 10. Ordered the Lord of the Rings movies to be shown the last 10 days of March. It will cost $180 per night. 9 Received $4,300 cash from admissions. 10 Paid balance due on Indiana Jones movies rental and $2,000 on March 1 accounts payable. 11 Bonita 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 Received the Lord of the Rings movies and paid the rental fee of $1,800. 12 Paid advertising expenses $900. 1988 20 Received $5,500 cash from customers for admissions 20 31 31 31 Paid salaries of $2,700. Received statement from Adam Ladd showing gross receipts from concessions of $6,000 and the balance due to Bonita Theater of $900 ($6,000 15%) for March. Ladd paid one-half the balance due and will remit the remainder on April 5. Received $9,200 cash from customers for admissions.