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The following transactions for the month of March have been journalized and posted to the proper accounts. Mar, 1 The business received cash and issued common stock to stockholders.
Mar. 2 Paid the first month's rent of $800.
Mar. 3 Turchasad equipment by paying $3,000 cash and executing a note payable for \$5,000.
Mar. 4 Turchasod office supplies for .
Mar. 5 Eilled a client for $10,000 of design services completed.
Mar. 6 Received $8,000 on account for the services previously recorded.
-What is the ending balance in the Service Revenue account?
Collaboration
The act of working together with one or more people in order to achieve a common goal or project.
Assertive
Being confident and bold in stating one’s demands or opinions without being aggressive.
Superordinate Goal
An objective that can only be achieved by the cooperation and collaboration of two or more groups, which often leads to reduced conflict and increased unity.
Conflict Stimulation
A strategy of increasing conflict to motivate change.
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