On December 1 2015, Manu Company collected from Union College a total of $60,000 as rental fees for three months starting December 1.

1.On December 1 2015, Manu Company collected from Union College a total of $60,000 as rental fees for three months starting December 1. Make journal entries at the end of accounting period on December 31. 2. Union College Drama Club received $4,040 seasonal tickets from its fans. A review of its records shows that 7% of its tickets have been used. Make journal entries for the Drama Club. 3. Barcelona Inc provides cleaning services. Under the relevant tax laws, Barcelona is required to collect a sales tax on its services at the rate of 15%. During the financial year ended 2015, Barcelona provided services worth $10,000,000. Make necessary journal entries.