The following transactions are February activities of Swing Hard Incorporated, which offers indoor golfing lessons in the northeastern United States. 1. Swing Hard collected $15,000 from customers for lesson services given in February.
2. Swing Hard sold a gift card for golf lessons for $150 cash in February.
3. Swing Hard received $4,000 from services provided on account to customers in January.
4. Swing Hard collected $2,250 in advance payments for services to start in June.
5. Swing Hard bills a customer $125 for services provided between February 25 and February 28. The bill is to be paid in March.
Prepare journal entries to record the above transactions.

Visburg concrete company pours concrete slabs for single-family dwellings. lancing construction company, which operates outside visburg's normal sales territory, asks visburg to pour 40 slabs for lancing's new development of homes. visburg has the capacity to build 300 slabs and is presently working on 250 of them. lancing is willing to pay only $3, 300 per slab. visburg estimates the cost of a typical job to include unit-level materials, $1, 440: unit-level labor, $720: and an allocated portion of facility-level overhead, $1, 200. required calculate the contribution to profit from the special order. should visburg accept or reject the special order to pour 40 slabs for $3, 300 each?

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate