Mr.Blue enters into negotiation with Mr.Green to build a house.Both parties expected a written and signed purchase agreement.After agreeing on the terms,Mr.Green is told by his subcontractors that some of their prices have gone up.Mr.Blue objects and indicates that there was a contract when the parties agreed to the original terms orally.A court will find that no contract existed since the parties expected acceptance to be in written form.

Given that individuals have learning style preferences, better learning outcomes take place when only preferred learning styles are used in the learning process.

People with a high level of conscientiousness have difficulty applying self-leadership strategies.

All income statement accounts will be closed at the end of the period.

Journalize the following transactions assuming the perpetual inventory system:
July 3
Sold merchandise on account for $3,750 terms n/eom. The cost of the goods sold was $2,000.5
Issued credit memo for $1,050 for merchandise returned from sale on July 3.The cost of the merchandise returned was $610.12
Received check for the amount due for sale on July 3 less return on July 5.17
Sold merchandise for $7,000 plus 6% sales tax to cash customers. The cost of the goods sold was $3,830.​

Compare instrumental or terminal values? provide an example of each.