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The Sandhill Theater Inc. was recently formed. It began operations in March 2 0 2 5 . The Sandhill is unique in that it will
The Sandhill Theater Inc. was recently formed. It began operations in March The Sandhill is unique in that it will show only triple features of sequential theme movies. On March the ledger of The Sandhill showed Cash $ Land $ Buildings concession stand, projection room, ticket booth, and screen $ Equipment $ Accounts Payable $ and Common Stock $ During the month of March, the following events and transactions occurred: Mar. Rented the first three Star Wars movies Star Wars The Empire Strikes Back, and The Return of the Jedi to be shown for the first three weeks of March. The film rental was $;$ was paid in cash and $ will be paid on March Ordered the first three Star Trek movies to be shown the last days of March. It will cost $ per night. Received $ cash from admissions. Paid balance due on Star Wars movies' rental and $ on March accounts payable. The Sandhill Theater contracted with R Lazlo to operate the concession stand. Lazlo agrees to pay The Sandhill of gross receipts, payable monthly, for the rental of the concession stand. Paid advertising expenses $ Received $ cash from customers for admissions. Received the Star Trek movies and paid rental fee of $ Paid salaries of $ Received statement from R Lazlo showing gross receipts from concessions of $ and the balance due to The Sandhill of $$ for March. Lazlo paid half the balance due for rental of the concession stand and will remit the remainder on April Received $ cash from customers for admissions. a Using Taccounts, enter the beginning balances to the ledger.
The Sandhill Theater Inc. was recently formed. It began operations in March The Sandhill is unique in that it will show only triple features of sequential theme movies. On March the ledger of The Sandhill showed Cash $ Land $ Buildings concession stand, projection room, ticket booth, and screen $ Equipment $ Accounts Payable $ and Common Stock $ During the month of March, the following events and transactions occurred:
Mar. Rented the first three Star Wars movies Star Wars The Empire Strikes Back, and The Return of the Jedi to be shown for the first three weeks of March. The film rental was $;$ was paid in cash and $ will be paid on March
Ordered the first three Star Trek movies to be shown the last days of March. It will cost $ per night.
Received $ cash from admissions.
Paid balance due on Star Wars movies' rental and $ on March accounts payable.
The Sandhill Theater contracted with R Lazlo to operate the concession stand. Lazlo agrees to pay The Sandhill of gross receipts, payable monthly, for the rental of the concession stand.
Paid advertising expenses $
Received $ cash from customers for admissions.
Received the Star Trek movies and paid rental fee of $
Paid salaries of $
Received statement from R Lazlo showing gross receipts from concessions of $ and the balance due to The Sandhill of $$ for March. Lazlo paid half the balance due for rental of the concession stand and will remit the remainder on April
Received $ cash from customers for admissions.
a
Using Taccounts, enter the beginning balances to the ledger.
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