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The Following Entries Were Made by the Accountant of Patel

question 102

Essay

The following entries were made by the accountant of Patel Pastries during its first month of operation:
1).James Patel,the owner,deposited $3,000 in the business's new checking account.
2)Patel Pastries paid the first month's rent of $400 in cash.
3)Patel Pastries purchased equipment by signing a note payable of $11,000.
4)Cash sales for the month were $4,500.
5)Patel Pastries purchased cooking supplies for $1,400 cash.
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After the accountant posts these entries to the general ledger,how much are total assets?
A) $16,700
B) $18,100
C) $7,100
D) $6,100

Explain the disparities in professional fields and how gender affects perceptions and opportunities.
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Recognize the impact of environmental factors on sexual development.
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Definitions:

Interests

The desires or goals that individuals or groups seek to fulfill or achieve, which guide their actions and decisions.

Shared Leadership

A leadership approach where control and decision-making responsibilities are distributed among members within a group or organization.

Group Trust

The collective confidence among members of a group in each other's reliability, integrity, and capability, which facilitates cooperation and cohesion.

External Coaching

The practice of bringing in a coach from outside the organization to develop skills, enhance performance, or facilitate personal or professional growth.

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