On November 1, 2012, Everett Janitorial Supply Sold Merchandise with a Cost

question 1

Essay

On November 1, 2012, Everett Janitorial Supply sold merchandise with a cost of $3,200 for $5,000, with terms FOB destination, and payment terms of 2/10, n/30. The company uses a perpetual inventory system. Give journal entries to record the sales revenue.

Analyze how organizational policies and structures, like email and status symbols, influence status barriers and group dynamics.

Describe the importance and mechanisms of reward allocation norms in organizational and group settings.

Understand the concept of behavioral economics, including self-interest and altruism.

Describe the nature and outcomes of the dictator and ultimatum games in illustrating human behavior.

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Definitions:

Counseling Orientation

The philosophical approach or framework that guides a counselor's methods and interaction with clients.

Morals

Principles or beliefs concerning right and wrong behavior.

Normal Guilt

Refers to the feelings of regret and responsibility one might experience after having done something wrong or failed to do something right; it is considered a healthy psychological mechanism.

Indecisiveness

A difficulty in making decisions, often stemming from fear of making the wrong choice, anxiety, or a lack of confidence.