The following transactions are February 2009 activities of Swing Hard, a sole proprietorship owned by Doris Heald.

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The following transactions are February 2009 activities of Swing Hard, a sole proprietorship owned by Doris Heald. The business offers indoor golfing lessons. If an expense is to be recognized in February, indicate the amount. If an expense is not to be recognized in February, explain why.
Activity Amount or Explanation
f. Paid $1,750 for electricity used in the month of January; the ----------------
bill was received and recorded at the end of January.
g. Received an $800 electricity bill for the month of February to ----------------
be paid in March.
h. Paid $4,750 to its golf instructors for the month of February. ----------------
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Related Book For  answer-question

Principles Of Accounting

ISBN: 9780077300456

1st Edition

Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton

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