Accounting

The Lake Theater is owned by Tony Carpino. All facilities were completed on March 31. At this time, the playscript showed: no 101 notes $6,000; no 140 Land $10,000; No. 145 Buildings (concession stand, labor room, rag booth, and screen) $8,000; No. 157 Equipment $6,000; No. 201 Accounts account account payable $2,000; No. 275 owe account payable $8,000; and No. 301 Tony Carpino, Capital $20,000. During April, the succeeding(a) events and transactions occurred. |Apr. |2 |  | salaried film rental of $800 on first movie. | |  |3 |  | tenacious two additional films at $1,000 each. | |  |9 |  | real $2,800 silver from admissions. | |  |10 |  |Made $2,000 fee on mortgage and $1,000 for accounts payable due. | |  |11 |  |Lake Theater promise with R. Wynns Company to charter the concession stand. Wynns is to pay 17% of megascopic concession gross | | | | |(payable monthly) for the decent to operate the concession stand. | |  |12 |  | pay advertising expenses $500.

| |  |20 |  | received one of the films legitimate on April 3 and was calculate $1,000. The film will be shown in April. | |  |25 |  |Received $5,200 cash from admissions. | |  |29 |  |Paid salaries $2,000. |...If you want to tick a full essay, order it on our website: Orderessay

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