Journalize the Following Transactions $\$ 2,000$ From the Bartkowski Inc $\$ 4,000$

question 81

Essay

Journalize the following transactions. All purchases are on account and subject to terms of 2/10, n/30. The periodic inventory method is used.
Nov. 3 Purchased merchandise with a price of $\$ 2,000$ from the Bartkowski Inc.
Nov. 5 Purchased merchandise from the Thiesman and Co. with a price of $\$ 4,000$ .
Nov. 7 Purchased merchandise with a price of $\$ 2,000$ from the Montana Supply Co.
Nov. 10 Paid the amount due to Bartkowski Inc.
Nov. 12 Paid the amount due to Thiesman and Co.
Nov. 23 Paid the amount due to Montana Supply Co.
-Journalize the Nov.23 transaction.

Understand the role of consumer protection legislation and its effectiveness in safeguarding consumers' interests.

Understand the principle of privity in the context of consumer protection.

Comprehend legislative and other changes aimed at overcoming obstacles created by the principle of privity.

Understand the concept and process of assignment of contractual rights.

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Definitions:

Deliberation

The process of carefully considering or discussing something before making a decision or forming an opinion.

Disobey Orders

The act of intentionally not following commands, rules, or instructions given by someone in authority.

Milgram Study

A series of social psychology experiments conducted by Stanley Milgram, which measured the willingness of study participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Milgram's Study

An experiment conducted by Stanley Milgram in the 1960s to study the willingness of individuals to obey authority figures, even when asked to perform actions conflicting with their personal conscience.