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ollegr [7]
2 years ago
14

Bearcat Construction begins operations in March and has the following transactions.

Business
1 answer:
vesna_86 [32]2 years ago
8 0

Answer:

March 1 Issue common stock for $21,000.

  • Dr Cash 21,000
  •     Cr Common stock 21,000

March 5 Obtain $9,000 loan from the bank by signing a note.

  • Dr Cash 9,000
  •     Cr Notes payable 9,000

March 10 Purchase construction equipment for $25,000 cash.

  • Dr Equipment 25,000
  •     Cr Cash 25,000

March 15 Purchase advertising for the current month for $1,100 cash.

  • Dr Advertising expense 1,100
  •     Cr Cash 1,100

March 22 Provide construction services for $18,000 on account.

  • Dr Accounts receivable 18,000
  •     Cr Service revenue 18,000

March 27 Receive $13,000 cash on account from March 22 services.

  • Dr Cash 13,000
  •     Cr Accounts receivable 13,000

March 28 Pay salaries for the current month of $6,000.

  • Dr Salaries expense 6,000
  •     Cr Cash 6,000
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Explanation:

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g The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by
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the high cost of domestic labor.

Explanation:

An entity's ability to be globally competitive in the face of foreign manufacturers with low cost of labor is not helped by the high cost of domestic labor.  The cost of direct labor forms part of the computations for the cost of a product and its pricing.  Cheaper imports are more affordable to consumers than local products, thus causing consumers to prefer imports to domestic products.

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Answer:

The answer is stated below:

Explanation:

The challenges which one would face and these are:

1. Hiring especially and retaining the top talent.

2. Secure the budget.

3. Economic fluctuations.

4. Trained professionals.

5. Evaluation of ROI (Return on Investment) on activities of the marketing.

When the company or firm faces the limitations grounded on the real world situations then all of the mentioned above will be a challenge for the company. The firm or the company will have to meet the fluctuation which is linked with the economic conditions as well as the currency.

When the assumptions are build as a simulation then the company or the firm will not be in a position to take the risk. The assumption could cause the firm to travel safely in the economy, in order to take or face the challenges the firm should ready to face the risks and have the plans in respect to tariffs, currency and other barriers.

If the firm wants to play safe then should be open to all the fluctuations and prepared to meet the ups as well as downs in the business.

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In todayâs workplace, teams are a vital force, and the majority of business professionals must collaborate on the job. The trend
Sphinxa [80]

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