Team Instructions: Divide the Class into Teams of Three or Four

question 180

Essay

Team Instructions: Divide the class into teams of three or four people.Each team member should work the following problem separately outside of class.Then give the students time in class to compare answers with their teammates and put together a final correct copy of the problem.Each team should turn in only one copy of the problem for grading.All team members will receive the same grade.
First do Parts A through C on your own.Then get together with your team and prepare a team solution to hand in.
Part A: Record Icon Consultant's transactions below by filling in the amount and the account title from the list of accounts below (use the abbreviations given):
Part B: Using Part A,fill in the missing information on the following financial statements for the year ended December 31,2012. Part C:

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Definitions:

Bargaining Leverage

The power or advantage one party has to influence the terms and conditions of a negotiation in their favor, often derived from one's position, resources, or alternatives.

Bargaining Behavior

The tactics and strategies used by both employers and unions during negotiations over labor contracts.

Training Programs

Structured courses or learning experiences aimed at enhancing the skills, knowledge, and competencies of participants for personal development or career advancement.

Collective Bargaining Laws

Legislation that governs the negotiation processes between employers and a group of employees aimed at reaching agreements that regulate working salaries, working conditions, and other aspects of workers' compensation and rights.