Essay
Prepare general journal entries to record the following transactions.Omit the explanations after each entry.
Mar. 1 J. Lynch invested in a neighborhood movie house. Land, ; building, ; and equipment, ; totaling .
2 Rental expense for the movies shown for the month, on account.
5 Ticket sales for the month, cash.
8 Wages paid for the month, .
12 Purchased a new popcorn machine, on account.
17 Paid monthly fee to maintenance company, .
23 Rented the theater to an organization for a night. Billed them .
30 Paid on the amount owed for the new popcorn machine.
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