The Campbell Company began operations on January 1, Year 1 and on that date issued $60,000 of common stock for cash. In addition, the company borrowed $40,000 from the bank. It provided services to its customers during Year 1 and received $72,000 cash. During the year, it paid $80,000 cash for land, $50,000 for salaries, and $10,000 in cash dividends to the owners.Required: 1) Show the effects of the above transactions on the accounting equation. (Start by using appropriate element and account headings). Enter a "0" if a transaction does not affect a given account. 2) Prepare an income statement and a balance sheet for the Year 1 accounting period.
What will be an ideal response?
1)
2) 
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Smaller projects in larger organizations tend not to need project management skills.
Answer the following statement true (T) or false (F)
These are designed intentionally, in advance, and follow a set of rules or standards; they are used by judges, labor arbitrators, divorce mediators, referees, and group facilitators.
A. process consultation B. formal interventions C. adversarial interventions D. informal interventions
Kathleen has found out everything she can about a newly qualified lead. She has practiced making her sales presentation and has determined what goals she has for the first meeting. Kathleen has finished the ________ stage of the selling process.
A. sales presentation B. preapproach C. follow-up D. qualify leads E. closing the sale
Bailey tells Jaxon that unless Jaxon pays her $5,000, she will tell his customers that he was once arrested for shoplifting as a teenager. If the statement that Jaxon shoplifted as a teenager is true:
A) in most jurisdictions Bailey has committed the crime of extortion. B) Bailey has committed no crime since Jaxon actually did shoplift as a teenager. C) Bailey has committed the crime of bribery. D) in all jurisdictions in the United States, Bailey would have to have received the money from Jaxon to be charged with a crime.