McBride Industries completed the following transactions during 2018:
Journalize the transactions (explanations are not required).Round to the nearest dollar.
Definitions:
Stakeholder Model
is a theory of organizational management and business ethics that addresses morals and values in managing an organization, focusing on the interests of all stakeholders.
Corporate Governance
The system of rules, practices, and processes by which a company is directed and controlled, focusing on the balance between the interests of a company's stakeholders, including shareholders, management, customers, suppliers, financiers, government, and the community.
Corporate Decision-Making
The process by which business executives, managers, and other stakeholders make choices that affect the company's operations, objectives, and strategic direction.
Labor Law Reform
Alterations or improvements to the laws governing employment, aimed at enhancing worker rights, safety, and working conditions.
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