Case Study 1 (Part A) P2-69B (Learning Objectives 4‚ 5‚ 6: Analyze the impact of business transactions on accounts; record (journalize and post) transactions in the books; construct and use a trial balance) During the first month of operations‚ Johnson Plumbing‚ Inc.‚ completed the following transactions: Mar 2 Johnson received $35‚000 cash and issued common stock to the stockholders. 3 Purchased supplies‚ $200‚ and equipment‚ $3‚200‚ on account. 4 Performed services for a client and received cash
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Brendon Guerrero Mar18 P2 Act 1 Scene 1 1. In which town is the play set? In what country do you suppose this town exists? It was set in Verona‚ Italy. 2. In the prologue‚ Shakespeare tells us that our two title characters are going to kill themselves. His 1600’s audience would’ve already known the story of Romeo and Juliet from a famous poem of the time‚ so this information would not have ruined the experience. In fact‚ many scholars say that knowing the deaths are coming actually improves the
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and competition in multiple fronts. Wal-Mart should be caution in its growth strategy‚ especially in the expansion of its international presence. Although its financial strength‚ management skills‚ and operation efficiency allow it to enter many overseas markets‚ it should be selective in choosing the destinations. Wal-Mart can focus on emerging markets where customers are price sensitive such as China and India in Asia. In Latin America‚ it should focus on Mexico and a few key
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the basis for the amount of tax? In my opinion‚ personal income should be the basis for the amount of tax to be paid. Therefore‚ the rich should pay more taxes than others. Why should the rich pay more taxes? They should pay more taxes because it is their obligation as the members of the upper classes to fund society. In most societies‚
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Exam I -REVIEW-CH 1-4Exam I -REVIEW-CH 1-4 Student: ___________________________________________________________________________ 1. If Chrysler raises the prices of its new models of pickup trucks by 4 percent and General Motors and Ford follow by raising prices by a similar amount‚ then this is evidence of A. a monopoly. B. an oligopoly. C. pure competition. D. monopolistic competition. E. supply and demand. 2. Because the US government regulates business to ensure competition and protect
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Should cannabis be legalised in Australia? Your response should provide a considered discussion of the advantages and disadvantages of both legalisation and criminalisation which shows evidence of wide and varied reading. Cannabis originated from Central Asia generations ago‚ with references to Cannabis dating back to medical and religious Chinese and Indian texts. Cannabis was also used in the West as hemp fibre‚ for industrial purposes‚ before it was used for medical use by W.B. O’Shaughnessy
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Nearly 12 million post-secondary students in the United States take some or all of their classes online right now. On the other hand‚ approximately 15 million students take all of their classes in a physical classroom. (Adkins) What do these number say about an online education? Well‚ they mean that there are both positive aspects and negative aspects to taking online courses. It turns out that there are many examples of both positive and negative reasons to enroll in or to not to enroll in an online
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wayne johnson Political Science Professor 11/10/13 Midterm 1)What was the Treaty of Westphalia? In what ways did it define the European concept of state sovereignty How many political units did Europe have before 1500?How many did it have by 1800? How can we explain this radical reduction in the number of states in Europe? Which modern international relations theory reflect this historical episode of inter-state anarchy‚ similar that of the Italian state system of the Renaissance
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Topic 1 Introduction UBEQ 2013 Basic Econometrics January 2015/16: Week 1 1 1.1 What is Econometrics? Econometrics is an amalgam (a mixture) of (i) economic theory‚ (ii) mathematical economics‚ (iii) economic statistics‚ and (iv) mathematical statistics. UBEQ 2013 Basic Econometrics January 2015/16: Week 1 2 1.2 Why Econometrics? Economic theory makes statements or hypotheses that are mostly qualitative. Example: In theory of demand‚ a reduction in the price of a commodity is expected to
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Gambling should be legalized What is gambling? According to www.dictionary.com gambling is taking a risk in the hope of gaining an advantage or a benefit. Gambling has been around for centuries and has been dated way back to 1492. People have been gambling in America ever since America was found. There are numerous underground cards clubs and casinos all over the country and in major cities. People gamble on everything: sports evens‚ dice‚ and cards. Even though people gamble every day in the United
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