Gi Gi's Dance Studio Provided $150 of Dance Instruction and Rented

question 122

Multiple Choice

Gi Gi's Dance Studio provided $150 of dance instruction and rented out its dance studio to the same client for another $100. The client paid immediately. Identify the general journal entry below that Gi Gi's will make to record the transaction.

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Definitions:

Union Activity

Actions and efforts by labor unions aimed at advocating for workers' rights, wages, benefits, and working conditions.

Labor Unions

Organizations that represent the collective interests of workers, negotiating wages, work conditions, and benefits with employers.

Bargaining Power

The capacity of one party to dominate negotiations due to their leverage or advantage over the other party.

Economic System

The method by which societies or governments organize and distribute available resources, goods, and services across a community or country.