Assume that the sales made by Wessling Company for the month ended February 28, 2010, were made to customers using credit cards and totaled $5,666. Prepare one entry in journal form to record these sales assuming that all of the credit card companies charge Wessling Company a 2.5 percent discount fee. (Omit date.) Round to the nearest whole dollar.
Definitions:
Unfreezing
The initial stage in the change process where existing behaviors or attitudes are challenged to prepare for the introduction of new ways of functioning.
Reengineering
The radical redesign of organizational processes to achieve major improvements in such factors as time, cost, quality, or service.
Low Tolerance
A decreased capacity or willingness to accept opinions, behaviors, or practices different from one's own.
Transformational Leaders
Leadership style characterized by the ability to inspire and motivate followers to achieve extraordinary outcomes by fostering significant changes and innovations.
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