Ski west, inc., operates a downhill ski area near lake tahoe, california. an all-day adult lift ticket can be purchased for $75. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. ski west expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2021, jake lawson purchased a season pass for $405. required: when should ski west recognize revenue from the sale of its season passes? prepare the appropriate journal entries that ski west would record on november 6 and december 31. what will be included in the ski west 2021 income statement and balance sheet related to the sale of the season pass to jake lawson?

Select the statement that indicates tina's company is a partnership. tina jones is a dancer specializing in latin dance styles. she always wanted to have her own dance studio where she could teach dancing to young and old alike. in 2006, she opened her first dance studio, electric diva, in madison triangle. it was a great choice as a business location because it's well-connected by highways to most places in the city. she leased the space for three years. her initial investment included a good sound system, cheerful interior design, and strong flooring. to raise capital for the business, tina turned to her brother-in-law, philip. philip made half the financial investment. he manages the accounts and social media needs of the business. he has a 30% share in trisha's business. together, they expanded the business to three dance studios in the city and plan to open franchises in other cities.

Each month, business today publishes a news piece about an innovative product, service, or business. such soft news is generally written by a freelance business writer and is known as a

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