Table 5-10 $\text {Sunni Brown operates a business supplying hairstyling products (Sunni's Hairstyling}$

question 96

Essay

Table 5-10
$\text {Sunni Brown operates a business supplying hairstyling products (Sunni's Hairstyling}$
$\text { Products) to hair salons in downtown Halifax. She offers her clients' terms of \(2 / 10 , n / 30\)}$
$\text { on all sales and she uses a perpetual inventory system to account for her inventory.}$
$\text { Transactions in the month of July were as follows:}$ July $\quad$ 1 Purchased $\$ 24,000$ of inventory on credit $1 / 5 , n / 15$ , FOB shipping point.
$\quad$ $\quad$ 2 Paid the shipping fee of $\$ 500$ for the July 1st purchase.
$\quad$ $\quad$ 5 Purchased supplies on credit for $\$ 350 , \mathrm { n } / 30$ .
$\quad$ $\quad$ 8 Sold inventory on credit to a customer for $\$ 5,600$ (cost $\$ 3,100$ ).
$\quad$ $\quad$ Sold inventory on credit to a customer for $\$ 12,300$ less a quantity discount of
$\quad$ $\quad$$1210 \%$ (cost $\$ 6,930 )$
$\quad$ $\quad$ 12 Purchased $\$ 6,500$ of inventory on credit $2 / 10$ , n/30, FOB destination.
$\quad$ $\quad$ 15 Returned $\$ 1,000$ of defective merchandise from the July 1st purchase
$\quad$ $\quad$ 16 Paid for the July 1st purchase less the return.
$\quad$ $\quad$ 18 Received payment from the sale on July 8th.
$\quad$ $\quad$ 22 Received payment from the sale on July 12 th.
$\quad$ $\quad$ 25 Paid the July utility bill, $\$ 250$ .
$\quad$ $\quad$ 30 Paid emp loyee's salary $\$ 2,200$ .
-Refer to Table 5-10. Record the July transactions in the general journal.

Recognize the trends toward hospital mergers and the reason behind these mergers.

Understand the challenges faced by uninsured or underinsured Americans in accessing healthcare.

Recognize the criticisms of the healthcare public/private model.

Acknowledge the role of competence in health policy for nurses and nursing students.

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Definitions:

Emotional Intelligence

The aptitude to perceive, regulate, and communicate ones emotions, and to engage in interpersonal dealings in a sensible and empathetic way.

Set Of Abilities

A collection of skills and competencies that an individual possesses, which can be applied to perform tasks or solve problems efficiently.

Cognitive Dissonance

describes the psychological discomfort experienced when holding two or more conflicting beliefs, values, or attitudes, leading to a motivation to reduce the dissonance by changing beliefs or behaviors.

Emotional Intelligence

The ability to recognize, understand, and manage one’s own emotions and the emotions of others.