Question
PREPARE GENERAL ENTRIES TO RECORD THE FOLLOWING TRANSACTIONS.OMIT THE EXPLANATION AFTER EACH ENTERY, MARCH.1 J.LYNCH INVESTED IN A NEIGHBORHOOD MOVIE HOUSE.LAND,$100,000;BUILDING;$400,000;AND EQUIPMENT,$50,000;TOTALLING;550,000. MARCH 2 RENTA
PREPARE GENERAL ENTRIES TO RECORD THE FOLLOWING TRANSACTIONS.OMIT THE EXPLANATION AFTER EACH ENTERY,
MARCH.1 J.LYNCH INVESTED IN A NEIGHBORHOOD MOVIE HOUSE.LAND,$100,000;BUILDING;$400,000;AND EQUIPMENT,$50,000;TOTALLING;550,000.
MARCH 2 RENTA EXPENSE FOR THE MOVIE SHOWN FOR THE MONTH $6,000 ON ACCOUNT.
MARCH 3 TICKET SALES FOR THE MONTH,$11,000.
MARCH 8 WAGES PAID FOR THE MONTH,$11,000.
MARCH 12 PURCHASED A NEW POPCORN MACHINE,$3,300 ON ACCOUNT.
MARCH 17 PAID MONTHLY FEE TO MAINTENANCE COMPANY ,$2,700.
MARCH 23 RENTED THE THEATER TO AN ORGANIZATION FOR A NIGHT.BILLED THEM $2,300.
MARCH 30 PAID $600 ON THE ACCOUNT OWED FOR THE NEW POPCORN MACHINE.
IF AN AMOUNT BOX DOES NOT REQUIRED LEAVE IT BLANK
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