Journalize the Following Business Transactions in General Journal Form

question 199

Essay

Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transactions.
1. The company issues ordinary shares in exchange for ₤25,000 cash.
2. Purchased ₤400 of supplies on credit.
3. Purchased equipment for ₤10,000, paying ₤3,000 in cash and signed a 30-day, ₤7,000, note payable.
4. Real estate commissions billed to clients amount to ₤4,000.
5. Paid ₤700 in cash for the current month's rent.
6. Paid ₤200 cash on account for supplies purchased in transaction 2.
7. Received a bill for ₤600 for advertising for the current month.
8. Paid ₤2,200 cash for salaries.
9. The company paid dividends of ₤1,200.
10. Received a check for ₤3,000 from a client in payment on account for commissions billed in transaction 4.

Assess the effectiveness and unintended consequences of political communication strategies used in electoral campaigns.

Understand the concept and potential benefits of empowerment and empowering leadership.

Identify the risks and potential downsides of empowering leadership and empowerment programs.

Comprehend the impact of participative leadership on employee satisfaction, group performance, and decision quality.

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Definitions:

After-Tax Hurdle Rate

The minimum acceptable rate of return on an investment after accounting for taxes, used in capital budgeting to evaluate projects.

Non-Value-Added Activities

Processes or tasks that do not add value or contribute to the customer's requirements or the product's market worth.

Quantify

To measure or express something as a quantity or in numerical terms.

Synergistic Benefits

The additional value created by combining two or more elements (companies, technologies, assets) that when integrated, produce a total effect greater than the sum of their individual effects.