Shovels R Us sends a purchase order to Acme Snow Shovel Inc. for 500 shovels to be delivered by September 30, 2017, in time for the winter season. Acme returns an acknowledgment form indicating that the shovels will be delivered on March 1, 2018. The acknowledgment letter forms a valid contract.

Mcgraw-hill education uses $3,800 worth of electricity and natural gas in its headquarters building for which it has not yet been billed. at the beginning of january, turner construction company pays $963 for magazine advertising to run in monthly publications each of the first three months of the year. dell pays its computer service technicians $403,000 in salaries for the two weeks ended january 7. answer from dell's standpoint. the university of florida orders 60,000 season football tickets from its printer and pays $8,340 in advance for the custom printing. the first game will be played in september. answer from the university's standpoint.