LO3-2, 3-3 PA3-3 Preparing Accrual Basis Journal Entries for Business Activities The following transactions are February 2017 activities of InGolfHelp, which offers indoor golfing lessons. You have been hired to analyze the following transactions for a week in February 2017: February 15 InGolfHelp collected $15,000 from customers for lessons given in February. February 15 InGolfHelp sold a gift card for golf lessons for $150 cash in February. February 18 InGolfHelp received $4,000 from credit sales made to customers in January. February 18 InGolfHelp collected $2,250 in advance payments for golf lessons to start in June. February 19 InGolfHelp billed a customer $125 for golf lessons given between February 15 and February 18. The bill is to be paid in March February 20 InGolfHelp paid $4,750 to its golf instructors for the month of February. February 21 InGolfHelp paid $1,750 for electricity used in the month of January. February 22 InGolfHelp received an electricity bill for $800 for the month of February, to be paid in March. Required: For each of the transactions, prepare journal entries. Be sure to categorize each account as an asset (A), liability (L), shareholders' equity (SE), revenue (R), or expense (E). Screenshot