According to Gersick's punctuated team development model is the midpoint of team's project.
<h3>What is Gersick's model?</h3>
Gersick's punctuated equilibrium model suggest that group develop through the sudden formation , maintainence and sudden revision of a framework for performance.
<h3>What are the three stages of group development? </h3>
1) Getting established and transitioning .
2) Connecting and producing .
3) Consolidating and forecasting .
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Answer:
Adjusting Entry
Cost of goods sold (Dr.) $11,000
Beginning Inventory (Cr.) $6,000
Purchases (Cr.) $5,000
Closing Entry
Ending Inventory (Dr.) $2,000
Income Summary (Cr.) $2,000
Explanation:
The adjusting entry is made by debiting cost of goods sold account which reflects the amount of inventory sold during the month and the entry is credited by beginning inventory of $6,000 and the remaining amount which is $5,000 is credited in purchases account.
The closing entry is made by debiting the ending inventory by the amount of $2,000 and Income Summary account is credited by the same amount to close the inventory account.
Answer:
The quadrilateral is drawn above
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