Transactions for buyer and seller

shore co. sold merchandise to blue star co. on account, $112,000, terms fob shipping point, 2/10, n/30. the cost of the merchandise sold is $67,200. shore co. paid freight of $1,800.

journalize shore co.'s entry for the sale, purchase, and payment of amount due.

accounts receivable-blue star co.

sales

cost of merchandise sold

merchandise inventory

common stock

cash

cash

accounts receivable-blue star co.

In the rbv are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies. answers: management policies

Last week paul, ceo of quality furniture in south carolina, traveled to europe to visit customers. while overseas, paul checked his e-mail daily and showed his company's website to customers, explaining how the website will them place orders and receive merchandise more quickly. after visiting the last customer friday morning, paul was able to return to the corporate office in south carolina to meet with his board of directors that night. is the "shrinking" of time and space with air travel and electronic media.

You have recently been made a department head of the new regional office. in getting to know your departmental staff, you have noticed that one of your inexperienced employees is not following through on assigned tasks. she is enthused about her new job and wants to get ahead in the organization. which alternative represents the most effective leadership style: a. discuss the lack of follow-through with her and explore thealternative ways this problem can be solved. b. specify what she must do to complete the tasks but incorporate any suggestions she may have. c. define the steps necessary for her to complete the assigned tasks and monitor her performance frequently. d. let her know about the lack of follow-through and give hermore time to improve her performance.