The following transactions are February activities of Swing Hard Incorporated, which offers indoor golfing lessons in the northeastern United States.
If revenue is to be recognized in February, indicate the amount. If revenue is not to be recognized in February, explain why.

Activity Amount or Explanation
a. Swing Hard collected $15,000 from customers for-
lessons given in February.
b. Swing Hard sold a gift card for golf lessons-
for $150 cash in February.
c. Swing Hard received $4,000 from credit sales-
made to customers in January.
d. Swing Hard collects $2,250 in advance-
payments for golf lessons to start in June.
e. Swing Hard bills a customer $125 for-
golf lessons given between February 25 and February 28.
The bill is to be paid in March.

Which statement is true about the elements of the interface of a presentation program? a. the status bar appears at the top of the page and displays options to style your slides. b. the tool bar displays the thumbnails of your presentation slides in the order they will appear in the presentation. c. rulers indicate the margins, tabs, and indents in a presentation slide. d. the document area provides a list of commands to create, format, and edit presentations.

Ds unlimited has the following transactions during august. august 6 purchases 58 handheld game devices on account from gamegirl, inc., for $140 each, terms 2/10, n/60. august 7 pays $340 to sure shipping for freight charges associated with the august 6 purchase. august 10 returns to gamegirl three game devices that were defective. august 14 pays the full amount due to gamegirl. august 23 sells 38 game devices purchased on august 6 for $160 each to customers on account. the total cost of the 38 game devices sold is $5,448.51. required: record the transactions of ds unlimited, assuming the company uses a perpetual inventory system. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. round your answers to 2 decimal places.)

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