CALCULANG BACK NEXT 04 Problem 2-OSA-d (Part Level Submission) The Wildhorse Co.opened on April 1. All facities were completed on March 31. At this time, the ledger showed No. 101 Cash $2,350, No. 140 Land $10,650, No. 145 Buildings Concession stand, projection room, ticket booth, and screen) $6,650, No. 157 Equipment $7,350, No. 201 Accounts Payable $3,350, No. 275 Mortgage Payable $8,650, and No. 311 Common Stock $20,000. During April, the following events and transactions occurred. Apr. 2 Pad film rental of $1,280 on first movie 3 Ordered two additional films at $1,300 each 9 Received $2.130 cash from admissions 10 Made 82,420 payment on mortgage and $1,510 for accounts payable due 11 Wildhorse Co. contracted with Dever Company to operate the concession and Dever is to pay 20% of gros concession resis payable monthly) for the rental of the concession and 12 Paid advertising expenses $340. 20 Received one of the films ordered on Apri3 and was billed $1.300. The film will be shown in April 25 Received $6,400 cash from admissions 29 Paid salaries $1,000 30 Received statement from Dever showing gross concession receipts of $3,000 and the balance due to the Wildhorse Co. of $600 (13,000 20%) for April. Dever paid one half of the balance due and will remit the remainder on May 5 30 Prepaid $900 rental on special film to be run in May. In addition to the accounts identified above, the chart of accounts shows No. 112 Accounts Receivable, No. 136 Prepaid Rent, No. 400 Service Revenue, No. 129 Rent Revenue, No 610 Advertising Expense, No. 726 Salaries and Wages Expense, and No. 729 Rent Expense. MENTI BACK Your answer is partially correct. Try again. Journalize the April transactions. (Credit account titles are automatically indented when the amount is entered. Do not inden manually. Record journal entries in the order presented in the problem. Il e entry is required, selectory for the accountities and enter for the amounts) Date Account Titles and Explanation Debut Credit | Apr 2 Rent Expense 1,280 1 5 Cash 1,200 Apr 3 (No Entry No Entry Apr Cash 2,130 Service Revenue 2,130 Apr. 10 Mortgage Payable 2,420 Accounts Payable 1,510 Cash 3930 | Apr. as (No Entry 0 No try A 12 Advertising Expense 40 Apr. 12 Advertising Expense 340 Cash 340 Apr. 20 Rent Expense 1,300 Accounts Payable 1,300 Apr. 25 Cash 6,400 Service Revenue 6,400 Apr. 29 Salaries and Wages Expense 1,800 Cash 1,800 Apr. 30 Accounts Receivable 1500 Cash 1500 a Rent Revenue 3000 (Received cash and balance on account for concession revenue) Apr. 30 Prepaid Rent 900 9001 Cash (Paid cash for future fim rentals) SHOWIST & COINTE SHOWS e to search Your answer is partially correct. Try again. Post the April journal entries to the ledger (Post entries in the order of journal entries presented in the previous part.) Cash Debit Date Apr. 1 Credit Explanation Ref. Balance No. 101 Balance 7,350 Apr. 2 J1 1,280 1,280 X Apr. 9 31 2,130 2,130 -5 Apr 10 J1 3930 3930 -3 Apr. 12 J1 340 - Apr. 25 31 6,400 - Apr. 29 Ji 1,800 1 Apr 30 Ji 300 Apr. 30 J1 900 No. 112 Accounts Receivable Date Explanation Ref. Debit Credit Balance Apr. 30 Ji 300 300 Prepaid Rent No. 136 RO O e to search IN Apr. 30 J1 300 300 Prepaid Rent Date 01 OZ Explanation Ref. Debit Credit No. 136 Balance Apr. 30 I 900 -04 Land Debit Credit 27 08 09 10 Debit Credit Date Explanation Ref. Apr. 1 Balance Buildings Date Explanation Ref. Apr 1 Balance Equipment Date Explanation Ref. Apr. 1 Balance Accounts Payable Date Explanation Ref. Apr. 1 Balance 900 No. 140 Balance 10,650 No. 145 Balance 6,650 No. 157 Balance 7,350 No. 201 Balance 3,350 Debit Credit Debit Credit Apr. 10 J1 1,510 1,510 Apr. 20 31 1,300 1.300 Mortgage Payable Date Explanation Ref. Apr. 1 Balance Debit Credit llo. 275 Balance 8,650 Apr. 10 31 2,420 2,420 here to search Debit No. 311 Balance Credit Common Stock Date Explanation Rel. Apr. 1 Balance Service Revenue Date Explanation Ref. 20,000 No. 400 Balance Debit Credit Apr. 9 J1 2,130 2,130 Apr. 25 J1 6,4001 6,400 Rent Revenue Date No. 429 Explanation Ref. Debit Credit Balance 600 600 Apr. 29 J1 Advertising Expense Date Explanation Ref. No. 610 Balance Debit Credit 340 340 Apr. 12 1 Salaries and Wages Expense Date Explanation Ref. No. 726 Balance Debit Credit Apr. 29 31 1,800 1,800 Rent Expense Date No. 729 Balance Explanation Ref. Debit Credit Apr. 2 Ji 1,280 1,280 Apr. 20 JI 1,300 1,300 ere to search