On June 3,Win-Tel Company Sold Merchandize Worth $800 on Credit,terms $\begin{array}{lcc}\text { Accounts Receivable } & 784 & \\\text { Sales Discounts } & 16 & \\\quad \text { Cash } & & 800\end{array}$

question 83

Multiple Choice

On June 3,Win-Tel Company sold merchandize worth $800 on credit,terms 2/10,n/30.The merchandize sold had cost $550.The customer paid the amount on June 15. What is the required journal entry to record the payment received under the periodic inventory system?

• A)
• \(\begin{array}{lcc}
• \text { Accounts Receivable } & 784 & \\
• \text { Sales Discounts } & 16 & \\
• \quad \text { Cash } & & 800
• \end{array}\)
• B)
• \(\begin{array}{ll}
• \text { Accounts Receivable } &800\\
• \text { Cash }&& 800 \\
• \end{array}\)
• C)
• \(\begin{array}{lcc}
• \text { Cash } & 784 & \\
• \text { Sales Discounts } & 16 & \\
• \quad \text { Accounts Receivable } & & 800
• \end{array}\)
• D)
• Cash \( \quad\quad\quad\quad\quad\quad 800 \)
• Accounts Receivable \( \quad\quad\quad 800 \)

Explain the influence of group dynamics and interpersonal preferences on group conflict and cohesion.

Evaluate conflict management strategies and their effectiveness in different scenarios, including negotiation, arbitration, and mediation.

Distinguish between different norms (equity, equality, etc.) that influence perceptions of fairness and decision-making in a group context.

Explore the psychological underpinnings of conflict, including attribution errors and balance theory.

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