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prepare journal entry The following transactions are February activities of InGolfHelp, which offers indoor golfing lessons. You have been hired to analyze the following transactions
prepare journal entry
The following transactions are February activities of InGolfHelp, which offers indoor golfing lessons. You have been hired to analyze the following transactions for a week in February February 15 IngolfHelp collected $13, 400 from customers for lessons given in February. February 15 InGolfHelp sold a gift card for golf lessons for $170 cash in February. February 18 InGolfHelp received $4,500 from credit sales made to customers in January. February 18 InGolfHelp collected $2,200 in advance payments for golf lessons to start in June. February 19 InGolfHelp billed a customer $155 for golf lessons given between February 15 and February 18. The bill is to be paid in March. February 20 InGolfHelp paid $4,030 to its golf instructors for the month of February. February 21 InGolfHelp paid $1,550 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. ed ok Required: For each of the transactions, prepare journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) ces View transaction list Journal entry worksheetStep by Step Solution
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