Answer:
Debit supplies expense $2,200
Credit office supplies $2,200
Explanation:
The beginning balance of $1,600 plus the purchases of $1,800 makes an available office supplies balance for the period in the amount of $3,400. A year-end physical count of $1,200 constitutes the remaining supplies balance at the period after they used up the $2,200 portion ($3,400 - $1,200). The appropriate journal entry at the year end is to recognize the expense portion of the supplies. Therefore, we have to debit supplies expense and credit office supplies in the amount of $2,200.
Explanation:
partnerships require many people to write a charter, while sole proprietorship require one person to write a charter.
Answer: They must effectively deal with people both within and outside the parent company.
Explanation:
A project manager is a person charged with the responsibility of starting, planning, designing, executing, monitoring, directing, controlling and closing a project. Project managers can be found in several sectors such as construction, architecture, information technology, petrochemical, architecture etc.
The project manager must possess management skills, be able to resolve conflicts and be able to recognize risks. The project manager is responsible for decisions. It is the role of the project manager to make sure that the people involved in the project do their job well in order for the project to be successful.
Answer:
A current trend in management is to include customers and suppliers in the strategic planning process.
Explanation:
The process of involving the customers is called co-creation and is a popular business practice nowadays. E.G. The use of social media for naming the most recent album of a band.
Based on the type of business they run, we can infer that the wall clocks are <u>outputs. </u>
Operations involve:
- Inputs - materials and labor used to produce goods and services
- Equipment - help the labor produce
- Outputs - these are the final products of the production process
The wall clocks are sold by Claudia and Giada and so can be referred to as the final product of their business. This means that the wall clocks are therefore outputs.
In conclusion, the wall clocks are output.
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