Answer:
Exporting
Explanation:
Exporting
Exporting is the method for entering into the global market by selling products which are domestically produced and traded to the foreign countries . Counter trade is also a part of exporting where one firm agrees on selling a product in counter of receiving another product from the buying firm.
Here, Jerzy is considering the use of counter trade, where he would send his shoes designed and produced domestically to Spain in return for high-quality Spanish cowhides.
Hence , Jerzy is exporting .
Answer:
Goal setting theory
Explanation:
Setting goals is important to keep motivated in order to achieve certain objectives. According to the theory of goal setting, employees should set some goals, goal setting will keep them strong, focus and satisfied. Employees should set realistic and achievable goals to achieve. It indirectly guides a person towards achieving and fulfilling their aims and goals.
Answer:
The journal entries is as follows:
(1) Received $12,000 cash from owners and issued stock to them
Cash A/C Dr. $12,000
To Stock capital a/c $12,000
(2) Borrowed $9,000 cash from a bank and signed a note due later this year.
Cash a/c Dr. $9,000
To Notes Payable(short term) $9,000
(3) Bought and received $1,000 of equipment on account.
Equipment a/c Dr. $1,000
To Vendor's a/c $1,000
(4) Purchased land for $16,000; paid $1,400 in cash and signed a long-term note for $14,600.
Land a/c Dr. $16,000
To cash a/c $1,400
To Note payable(long term) $14,600
(5) Purchased $5,000 of equipment; paid $1,400 in cash and charged the rest on account.
Equipment a/c Dr. $5,000
To cash a/c $1,400
To Vendor's a/c $3,600
