The Novak Theater opened on April 1. All facilities were completed on March 31. At this time, the ledger showed No. 101 Cash 7.500, No. 140 Land S 10.500, No. 145 Buildings (concession stand, projection room ticket booth, and screen 56, 500, No 157 Equipment $ 7.500, No. 201 Accounts Payable $3.500, No. 275 Mortgage Payable $ 8.500, and No 311 Common Stock $ 20,000 During April the following events and transactions occurred. Apr. 2 3 9 10 11 12 Paid him rental of $ 1.140 on first movie. Ordered two additional films at $ 1.930 each. Received $ 2430 cash from admissions Made $2,080 payment on mortgage and $ 1,300 for accounts payable due. Novak Theater contracted with Dever Company to operate the concession stand. Dever is to pay 18% of gross concession receipts (payable monthly) for the rental of the concession stand. Paid advertising expenses $ 320. Received one of the films ordered on April 3 and was billed $1,930. The film will be shown in April Received $ 5,700 cash from admissions Paid salaries $ 1.200 Received statement from Dever showing gross concession receipts of $ 1,100 and the balance due to the Novak Theater of $ 198 ($ 1.100 * 18%) for April. Dever paid one-half of the balance due and will remit the remainder on May 5. Prepaid $ 910 rental on special film to be run in May. 20 25 29 30 30 In addition to the accounts identified above, the chart of accounts shows No. 112 Accounts Receivable, No. 136 Prepaid Rent, No. 400 Service Revenue, No 429 Rent Revenue, No. 610 Advertising Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent (b) Journalize the April transactions. Novak Theater records admission revenue as service revenue. rental of the concession standas rent revenue and film rental expense as rent expense. (Credit account titles are automatically indented when the amount entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Apr. 10 Question 5 of 5