McBride Industries Completed the Following Transactions During 2018 Journalize the Transactions (Explanations Are Not Required)

question 144

Essay

McBride Industries completed the following transactions during 2018:
$\begin{array}{|l|l|}\hline \text { Oct. } 1 & \text { Made sales of } \$ 10,000 \text {. McBride estimates that warranty expense } \\\hline \text { Oct. } 24 & \text { Paid } \$ 250 \text { to satisfy warranty claims. } \\\hline \text { Dec. } 31 & \text { Estimated vacation benefits expense to be } \$ 2,350 . \\\hline & \text { McBride expected to pay its employees a } 4 \% \text { bonus on net income } \\ \text { Dec. } 31 & \text { after deducting the bonus. Net income for the year is } \$ 25,000 . \\\hline\end{array}$
Journalize the transactions (explanations are not required). Round to the nearest dollar.

Predict major organic products of given reactions.

Analyze the effect of different reaction conditions on the products formed.

Determine the stereochemistry of reaction products.

Recognize the role of bases in elimination reactions.

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Definitions:

Perfectly Price-Discriminated

A market scenario where a seller charges each buyer their maximum willingness to pay, capturing all available consumer surplus as profit.

Total Revenue

The total receipts from sales of a given quantity of goods or services.

Sold Units

The number of individual items or products sold by a company within a specified time period.

Price Discrimination

This refers to the practice of selling nearly the same items or services at varying prices in distinct markets by a singular provider.