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The Following Accounts for Carthage Enterprises, Inc

question 3

Essay

The following accounts for Carthage Enterprises, Inc. are listed randomly. Enter the number associated with each transaction to identify the accounts that would be used in the journal entry for each transaction given below. $\begin{array} { | l | l | l | l | } \hline 1 . & \text { Accounts payable } & 9 . & \text { Income taxes payable } \\\hline 2 . & \text { Accounts receivable } & 10 . & \text { Prepaid expenses } \\\hline 3 . & \text { Supplies } & 11 . & \text { Operating expenses } \\\hline 4 . & \text { Building } & 12 . & \text { Prepaid insurance } \\\hline 5 . & \text { Cash } & 13 . & \text { Retained earnings } \\\hline 6 . & \text { Common stock } & 14 . & \text { Service revenue } \\\hline 7 . & \text { Dividends } & 15 . & \text { Unearned revenue } \\\hline 8 . & \text { Income tax expense } & & \\\hline\end{array}$ $The following accounts for Carthage Enterprises, Inc. are listed randomly. Enter the number associated with each transaction to identify the accounts that would be used in the journal entry for each transaction given below. \begin{array} { | l | l | l | l | } \hline 1 . & \text { Accounts payable } & 9 . & \text { Income taxes payable } \\ \hline 2 . & \text { Accounts receivable } & 10 . & \text { Prepaid expenses } \\ \hline 3 . & \text { Supplies } & 11 . & \text { Operating expenses } \\ \hline 4 . & \text { Building } & 12 . & \text { Prepaid insurance } \\ \hline 5 . & \text { Cash } & 13 . & \text { Retained earnings } \\ \hline 6 . & \text { Common stock } & 14 . & \text { Service revenue } \\ \hline 7 . & \text { Dividends } & 15 . & \text { Unearned revenue } \\ \hline 8 . & \text { Income tax expense } & & \\ \hline \end{array}$

Definitions:

Own Culture

The customs, traditions, and values of a person's society or community that form part of their identity and worldview.

Other Culture's Norms

The customary beliefs, social forms, and material traits of a racial, religious, or social group other than one's own.

Group-oriented Cultures

Group-oriented cultures prioritize the interests and values of the group over those of the individual, often emphasizing cooperation, community, and collective decision-making.

Series of Discussions

Multiple conversations or meetings held to explore or resolve a particular issue or set of issues.