Instructions
(a) Enter the beginning balances in the ledger. Insert a check mark (✓) in the reference column
of the ledger for the beginning balance.
(b) Journalize the March transactions. Cora records admission revenue as service revenue, rental
of the concession stand as rent revenue, and fi lm rental expense as rent expense.
(c) Post the March journal entries to the ledger. Assume that all entries are posted from page 1
of the journal.
(d) Prepare a trial balance on March 31, 2012