Demmler Company entered into the transactions listed below. In the journal provided, prepare Demmler's journal entries, assuming use of the periodic inventory system. Omit explanations.
Definitions:
Frustration
A feeling of irritation or distress experienced when one's needs, desires, or expectations are thwarted or unmet.
Learned Helplessness
A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed.
Behavioral Disengagement
A coping strategy involving reduction of effort or withdrawal from a task or situation.
Catharsis
The method of discharging and therefore delivering relief from powerful or stifled emotions.
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