George Smyth Opened a Computer Repair Business on Apr $\$ 30,000$

question 18

Essay

George Smyth opened a computer repair business on Apr.1,20--.During the first month of operations,the firm had
the following transactions.Record these transactions on page 1 of the general journal.Omit explanations.
Post appropriate transactions to the general ledger.
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Apr. 1 George Smyth invested $\$ 30,000$ cash in the business.
2 Paid rent for April, $\$ 2,100$ .
8 Bought equipment for $\$ 12,000$ and issued a check for $\$ 3,000$ as a down payment.
12 Performed services for $\$ 3,200$ in cash, and $\$ 1,200$ on credit.
19 Paid electric bill, $\$ 225$ .
25 Recerved $\$ 900$ on account from credit customers. ?
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$\begin{array}{ll}& \text { GENERAL LEDGER } \\ \text { Account Cash } && \text { Account No. 101 } \\\end{array}$

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Understand the legal environment affecting labor relations and its components.

Understand the governance structure of local unions.

Recognize different philosophies and models of unionism and their objectives.

Comprehend the role of unions in community and political activities.

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Definitions:

Continuous Change

A constant, ongoing process of adapting and improving organizations, processes, or products in response to external or internal factors.

Organizational Strategies

Plans and actions taken by a company to achieve its goals and improve its competitive position.

Boards of Directors

Groups of elected individuals who represent shareholders and oversee the activities and strategic direction of a company.

Organizational Operations

Refers to the day-to-day activities and procedures organizations undertake to function and meet their objectives.