Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 3.2, Problem 1CC
What are the barriers that can inhibit the accuracy of our perception?
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Question: Record the purchase of equipment in a general journal format.
• July 1, 2021- Signed a lease for an office and issued Check 101 for $15,600 to pay the rent in advance for six months. • July 1, 2021- Borrowed money from Bancorp West by issuing a four-month, 4.5 percent note for $40,000; received $39,400 because the bank deducted the interest in advance. • July 1, 2021- Signed an agreement with Johnson Ventures to provide financial services for one year at $6,000 per month; received the entire fee of $72,000 in advance. The $72,000 was credited to Unearned Financial Service Fees. • July 1, 2021- Purchased office equipment for $15,900 from Office Outfitters; issued a two-month, 6 percent note in payment. The equipment is estimated to have a useful life of five years and a $1,500 salvage value. The equipment will be depreciated using the straight-line method. • July 1, 2021- Purchased a one-year insurance policy and issued Check 102 for $1,860 to pay the entire…
Question: Record the fees received in advance in a general journal format.
• July 1, 2021- Signed a lease for an office and issued Check 101 for $15,600 to pay the rent in advance for six months. • July 1, 2021- Borrowed money from Bancorp West by issuing a four-month, 4.5 percent note for $40,000; received $39,400 because the bank deducted the interest in advance. • July 1, 2021- Signed an agreement with Johnson Ventures to provide financial services for one year at $6,000 per month; received the entire fee of $72,000 in advance. The $72,000 was credited to Unearned Financial Service Fees. • July 1, 2021- Purchased office equipment for $15,900 from Office Outfitters; issued a two-month, 6 percent note in payment. The equipment is estimated to have a useful life of five years and a $1,500 salvage value. The equipment will be depreciated using the straight-line method. • July 1, 2021- Purchased a one-year insurance policy and issued Check 102 for $1,860 to pay the…
Chapter 3 Solutions
Organizational Behavior
Ch. 3.1 - How can you understand what makes up an...Ch. 3.1 - How does the content of the situation affect the...Ch. 3.1 - What are the characteristics that the perceiver...Ch. 3.2 - What are the barriers that can inhibit the...Ch. 3.2 - What are the cultural factors that can influence...Ch. 3.2 - What is perceptual defense, and what are examples...Ch. 3.3 - What is attribution theory? Describe the...Ch. 3.3 - What are the internal and external causes of...Ch. 3.4 - What is attitude, and how does it impact the work...Ch. 3.4 - What is behavioral justification?
Ch. 3.5 - How can organizations foster positive job...Ch. 3.5 - What are the dimensions of job satisfaction?Ch. 3 - Describe how the basic perceptual process works....Ch. 3 - How can variations in social perception affect...Ch. 3 - What can managers do to reduce the incidences of...Ch. 3 - How does the attributional process work? Provide...Ch. 3 - How do attributional biases work? What can...Ch. 3 - What are the differences between job involvement,...Ch. 3 - What are the major reasons for job satisfaction?...Ch. 3 - What are other ways that a company can utilize a...Ch. 3 - What challenge does a multi generational team pose...Ch. 3 - What should the company and management team...
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- Question: Record the payment of rent in a general journal format using the information below. July 1, 2021- Signed a lease for an office and issued Check 101 for $15,600 to pay the rent in advance for six months. • July 1, 2021- Borrowed money from Bancorp West by issuing a four-month, 4.5 percent note for $40,000; received $39,400 because the bank deducted the interest in advance. • July 1, 2021- Signed an agreement with Johnson Ventures to provide financial services for one year at $6,000 per month; received the entire fee of $72,000 in advance. The $72,000 was credited to Unearned Financial Service Fees. • July 1, 2021- Purchased office equipment for $15,900 from Office Outfitters; issued a two-month, 6 percent note in payment. The equipment is estimated to have a useful life of five years and a $1,500 salvage value. The equipment will be depreciated using the straight-line method. • July 1, 2021- Purchased a one-year insurance policy and issued Check 102 for $1,860…arrow_forwardQuestion: Record the borrowing in a general journal format. • July 1, 2021- Signed a lease for an office and issued Check 101 for $15,600 to pay the rent in advance for six months. • July 1, 2021- Borrowed money from Bancorp West by issuing a four-month, 4.5 percent note for $40,000; received $39,400 because the bank deducted the interest in advance. • July 1, 2021- Signed an agreement with Johnson Ventures to provide financial services for one year at $6,000 per month; received the entire fee of $72,000 in advance. The $72,000 was credited to Unearned Financial Service Fees. • July 1, 2021- Purchased office equipment for $15,900 from Office Outfitters; issued a two-month, 6 percent note in payment. The equipment is estimated to have a useful life of five years and a $1,500 salvage value. The equipment will be depreciated using the straight-line method. • July 1, 2021- Purchased a one-year insurance policy and issued Check 102 for $1,860 to pay the entire premium. •…arrow_forwardIn the 2016, "ATB: digital disruption in the parking meter industry" case provide a financial analysis of firmarrow_forward
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