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Prepare general journal entries to record the following transactions. Prepare general journal entries to record the following transactions. Omit the explanations after each entry. Mar.

Prepare general journal entries to record the following transactions. image text in transcribed
Prepare general journal entries to record the following transactions. Omit the explanations after each entry. Mar. 1 J. Lynch invested in a neighborhood move house. Land, $100,000; bullding, $400,000; and equipment, $50,000; totaling $550,000; 2 Rental expense for the movies shown for the month, $6,000 on account. 5 Ticket sales for the month, 522,000 cash. 8 Wages pald tor the month, $11,000. 12 Purchased a new popcorn machine, $3,300 on account. 17. Paid monthly fee to maintenance compony, $2,700. 23 frented the theater to an organization for a night. Billed them $2,300. 30 Pald $600 on the amount owed for the new popcorn machine

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