Record the Following Transactions for the Month of November 2019

question 83

Essay

Record the following transactions for the month of November 2019 on page 8 of a cash receipts journal. Total, prove, and rule the cash receipts journal as of November 30.
Nov. 1 Collected $3,600 from Katie Bing, a credit customer on account.
10 Received a check from Mike Drake to pay his $5,600 promissory note plus interest of $336.
13 Received $6,400 from Jessie Cole, a credit customer, in payment of her account.
15 Had cash sales of $18,000 plus sales tax of $1,260. There was a cash overage of $5.

Identify the difference between organizational culture and corporate culture.

Comprehend the significance of goals in fostering organizational survival and innovation.

Understand the basic concepts and differences between various leadership approaches such as trait, behavioral, contingency, and transformational leadership.

Recognize the significance of situational factors in determining leadership effectiveness.

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Definitions:

Personal Characteristics

Features or qualities that define an individual's identity, such as traits, behaviors, and attitudes.

Behavioural Approach

A method in psychology and management focusing on understanding and influencing human behavior through observation and empirical data.

Contingency Approach

A management theory stating that the best decisions are contingent on the situation and various variables involved.

External Cost

Costs incurred by third parties as a result of an economic transaction, which are not reflected in the transaction's market price, often necessitating government intervention.