Answer:
1. T-accounts:
Accounts Debit Credit
Accounts Receivable
Balance $4,200
Service Revenue 8,400
Cash 10,200
Accounts Debit Credit
Service Revenue
Accounts Receivable 8,400
Accounts Debit Credit
Supplies
Balance $400
Accounts Payable 2,300
Balance c/d $2,700
Accounts Debit Credit
Accounts Payable
Balance $3,500
Supplies 2,300
Cash $3,700
Balance c/d $2,100
Accounts Debit Credit
Cash Account
Balance $3,400
Accounts Receivable 10,200
Advertising $1,000
Accounts Payable 3,700
Deferred Revenue 1,100
Balance c/d $10,000
Accounts Debit Credit
Advertising Expense
Cash 1,000
Accounts Debit Credit
Accounts Payable
Cash 3,700
Accounts Debit Credit
Deferred Revenue
Balance $300
Cash 1,100
Balance c/d $1,400
Explanation:
a) Data:
General Entries:
Accounts Debit Credit
1. Accounts Receivable 8,400
Service Revenue 8,400
2. Supplies 2,300
Accounts Payable 2,300
3. Cash 10,200
Accounts Receivable 10,200
4. Advertising Expense 1,000
Cash 1,000
5. Accounts Payable 3,700
Cash 3,700
6. Cash 1,100
Deferred Revenue 1,100
b) The beginning balance of each account before the transactions is:
Cash, $3,400
Accounts Receivable, $4,200
Supplies, $400
Accounts Payable, $3,500
Deferred Revenue, $300
Shipping cost per item: glasses 28, china 56, and dinnerware 84
(B) 3,500 boxes of china, 196,000 transportation cost
Explanation:\s(A)\shipping $14 a pound.
2 pounds times $14 equals 28 for a carton of glasses.
A box of daily dinnerware weights 6 pounds x $14 = 84 and a box of china weighs 4 lbs x $14 = 56.
(B) 3,500 pounds of china times 56 equals 196,000
<h3>What does "shipping cost" mean?</h3>
Costs associated with transporting cargo from Point A to Point B are commonly referred to as shipping costs. The cost of shipping may include a number of components, depending on the type of contract.
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Answer: Strategic management
Explanation:
The strategic management is one of the business strategy that helps in manage the competitive environment and also analyzing all the internal functions in an organization.
The importance of the strategic management is that it helps in evaluating the policies and also helps in identify the organizational goals.
According to the given question, the Ashock is one of the consultant in an organization and he implementing the strategic management for managing all the given functions.
Therefore, Strategic management is the correct answer.
The option that is correct about not the benefit of team working is to increased personal workload.
<h3>What are the benefits of teamwork?</h3>
Teamwork is the process of doing the work with more than one person or employee in the organization. It is mainly used in large organizations to reduce the workload of the employees.
The benefits of teamwork are as follows:
- Teamwork increases the productivity of the management.
- It makes the work on time.
- It improves the morale of all the employees in the organization.
- It improved communication power.
It reduced the group workload among the employees.
Therefore, the correct option is D.
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