Outreach Signals Company End-of-Period Spreadsheet For the Year Ended December 31, 20Y1 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 20,500 20,500 Accounts Receivable 63,800 (a) 19,700 83,500 Prepaid Insurance 6,600 (b) 4,700 1,900 Supplies 4,700 (c) 3,540 1,160 Land 154,300 154,300 Building 787,000 787,000 Accumulated Depreciation-Building 402,000 (d) 14,200 416,200 Equipment 192,000 192,000 Accumulated Depreciation-Equipment 157,600 (e) 7,100 164,700 Accounts Payable 24,700 24,700 Salaries and Wages Payable (f) 7,700 7,700 Unearned Rent 3,300 (g) 2,000 1,300 Inez Villanueva, Capital 375,000 375,000 Inez Villanueva, Drawing 16,000 16,000 Fees Earned 612,000 (a) 19,700 631,700 Rent Revenue (g) 2,000 2,000 Salaries and Wages Expense 256,820 (f) 7,700 264,520 Advertising Expense 34,200 34,200 Utilities Expense 17,900 17,900 Depreciation Expense-Building (d) 14,200 14,200 Repairs Expense 13,930 13,930 Depreciation Expense-Equipment (e) 7,100 7,100 Insurance Expense (b) 4,700 4,700 Supplies Expense (c) 3,540 3,540 Miscellaneous Expense 6,850 6,850 1,574,600 1,574,600 58,940 58,940 1,623,300 1,623,300

The starr theater, owned by meg vargo, will begin operations in march. the starr will be unique in that it will show only triple features of sequential theme movies. as of march 1, the ledger of starr showed: cash $3,150, land $22,000, buildings (concession stand, projection room, ticket booth, and screen) $10,000, equipment $10,000, accounts payable $7,300, and owner’s capital $37,850. during the month of march, the following events and transactions occurred.mar. 2 rented the three indiana jones movies to be shown for the first 3 weeks of march. the film rental was $3,600; $1,600 was paid in cash and $2,000 will be paid on march 10.3 ordered the lord of the rings movies to be shown the last 10 days of march. it will cost $200 per night.9 received $4,500 cash from admissions.10 paid balance due on indiana jones movies rental and $2,200 on march 1 accounts payable.11 starr theater contracted with adam ladd to operate the concession stand. ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.12 paid advertising expenses $900.20 received $5,100 cash from customers for admissions.20 received the lord of the rings movies and paid the rental fee of $2,000.31 paid salaries of $2,900.31 received statement from adam ladd showing gross receipts from concessions of $6,000 and the balance due to starr theater of $900 ($6,000 × 15%) for march. ladd paid one-half the balance due and will remit the remainder on april 5.31 received $9,200 cash from customers for admissions.1.) enter the beginning balances in the ledger.2.) journalize the march transactions. starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense. (credit account titles are automatically indented when the amount is 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 0 for the amounts.)3.) post the march journal entries to the ledger. (post entries in the order of journal entries presented in the previous question.)