Question

Please fill in the boxes except the boxes with green squares. The choice are the same for the boxes with the down arrow. Please answer correctly. Thanks.

Problem 3-8A (Part Level Submission) el Theater Inc. was recently formed. It began operations in March 2017. The Triquel is unique in that it ill show only triple features of sequential theme movies. On March 1, the ledger of The Triquel showed Cash $19,800; Land $41,800; Buildings (concession stand, projection room, ticket booth, and screen) $22,000; ipment $16,000; Accounts Payable $15,800; and Common Stock $83,800. During the month of March, the following events and transactions occurred Mar. 2 Rented the first three Star Wars movies (Star Wary, The Empire Stnkes Back, and The Return of the Jed) to be shown for the first three weeks of March. The film rental was $9,800; $2,100 was paid in cash and $7,700 will be paid on March 10 3 Ordered the first three Star Trek movies to be shown the last 10 days of March. It will cost $500 per night 9 Received $9,300 cash from admissions. 10 Paid balance due on Star Wars movies' rental and $2,900 on March 1 accounts payable. 11 The Triquel Teater contracted with R. Lazio to operate the concession stand. Lalo agrees to pay The Triquel 15% of gross receipts, payable monthly, for the rental of the concession stand, 12 Paid advertising expenses $490. 20 Received $8,800 cash from customers for admissions 20 Received the Star Trek movies and paid rental fee of $6,000 31 Paid salaries of $3,800. 31 Received statement from R. Lazlo showing gross receipts trom concessions of $12.200 and the balance due to The Triquel of $1,830 ($12,200 x .15) for March. Lazło paid half the balance due for the rental of the concession stand and will remit the remainder on April 5 1 Received $20,200 cash from customers for admissions

Answer 1