Issued 4,000 shares of common stock for $400,000 cash. Borrowed $100,000 cash from a local bank, payable in two years. Bought a building for $182,000; paid $82,000 in cash and signed a three-year note for the balance. Paid cash for equipment that cost $200,000. Purchased supplies for $30,000 on account. PA2-2 Part 3 Summarize the journal entry effects from part 2 using T-accounts.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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