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AJ's Auto Repair Shop shows five transactions summarized below. The effect of each transaction on the accounting equation is shown, and also the new balance of each item in the equation. For each transaction (a) to (e) write an explanation of the nature of the transaction.
Prejudiced Employer
An employer who harbors preconceived opinions or judgments about certain groups of people, which may unfairly influence hiring or workplace practices.
African Americans
A demographic group in the United States consisting of individuals with partial or total ancestry from any of the black racial groups of Africa.
Distributing Income
The process by which income is allocated among various economic agents, such as individuals, businesses, and government sectors.
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