Car rental system a car rental company has multiple rental offices. the management decided to get a computerized system. the system should keep track of the cars the shop rents out. each car has these specifications: make, model, year, mileage, and picture. cars can be classified by type (e. g. basic, family,
a. customers customers can rent a car based on its type (regardless of the actual specifications) or they can rent a specific car.
b. the rental is at least for a day. the price is calculated on a daily basis. it depends on the type of the car rather than the car specifications (i. e. make, model).
c. customers can extend the rental. further, they can cancel a rental.
d. cancellation is not allowed less than a day before the scheduled rental time. sometimes customers forget to return a car on time.
e. the new system should probably remind the customers to return the car a day before the due date.
f. if the customer returns the car late, each late day is calculated as a rental day in addition to a standard late fee the customer has to pay.
g. receptionist.

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.)