*Problem 3-08A (Part Level Submission) The Ivanhoe Theater Inc. was recently formed. It began operations in March 2022. The Ivanhoc is unique in that it will show any triple features of sequential theme movies. On March 1, the lecger of The Ivanhoe showed Cash $16.000; Land $38,500; Buildings concession stand, projection room, ticket boot, and screen) $21,500; Equipment $18,000: Accounts Payable $11,400; and Common Stock SB 2,500. During the month of March, the following events and transactions occurred: Mar. 2 Rented the first three Star Wars mavies (srar War Tha mora s er face and The Row of the id to be shown for the first three weeks of March. The film rental was $12.500; $2,300 was paid in cash and $10,200 will be pad on March 10. 3 Ordered the first three Star Trek movies to be shown the last 10 days of March. It will cost $700 per night. 9 Received $10.500 cash from admissions. 10 Paid balance due on Star Wars movies' rentel and $3,200 on March 1 accounts payable. 11 The Ivanhoe Theater contracted with R. Lazlo to operate the concession stand. Lazlo agrees to pay The Ivanhoe 15% of gross recepts, payable monthly, for the rental of the concession stand. 12 Peid advertising expenses S500. 20 Received $8,600 cash from customers for admissions. 20 Received the Star Trek movies and paid rental fee of $4,500. 31 Pad salaries of $4,000. 31 Received statement from R. Lazio showing gross receipts from concessions of $10,000 and the balance due to the Ivanhoe of $1,560 ($10,400 x .15) for March. Lazlo paid half the balance due and will rernit the remainder on April 5. 31 Received $20,000 cash from customers for admissions. *(a) Using T-ancounts, enter the beginning balances to the ledger. Land Buildings Equipment Accounts Payable Common Stock