Question

(2) Identify all stakeholders of your chosen your organization, and run an environmental analysis on your chosen organisation. (25 marks) ► In answering these question students may use the Mendelows matrix to analyze stakeholders and their attitudes, and in running an environmental analysis, students may use PESTLE, STEEPLE, PEST etc. (3) Draw a DETAILED organizational structure of your chosen organisation, and the importance of understanding the business environment of your chosen organization. (25 marks) Students are expected to use infographics to depict how the structure of their chosen organisation looks like.

Answer 1

	Journal Entries
	Date	Account titile and Narration	Debit	Credit
	Apr-28	Supplies a/c	$     44,250.00
		Accounts payable a/c		$     44,250.00
		(Entry made for purchase of merchandise)
	May-19	Accounts payable a/c	$     44,250.00
		Notes payable a/c		$     39,000.00
		Cash a/c		$       5,250.00
		(Entry made for settlement of purchases through cash and notes payable)
	Jul-08	Cash a/c	$ 1,05,000.00
		Note payable (bank loan) a/c		$ 1,05,000.00
		(Entry for loan from CDR bank by signing a note payable at 120 days
	Aug-17	Notes payable a/c	$     39,000.00
		Interest expenses a/c	$       1,170.00
		Cash a/c		$     40,170.00
		(Entry made for payment to note payable for merchandise)
	Nov-05	Note payable (bank loan) a/c	$ 1,05,000.00
		Interest expenses a/c	$       2,100.00
		Cash a/c		$ 1,07,100.00
		(Entry made for payment of Note payable on bank loan)
	Nov-28	Cash a/c	$     66,000.00
		Note payable (bank loan) a/c		$     66,000.00
		(Entry for loan from Rochester bank by signing a note payable at 60 days)
	Dec-31	Interest expenses a/c	$           623.00
		Interest payable a/c		$           623.00
		(Accrued interest entry made at year end)
	Jan-27	Note payable (bank loan) a/c	$     66,000.00
		Interest payable a/c	$           623.00
		Interest expenses a/c	$           477.00
		Cash a/c		$     67,100.00
		(Entry for payment of Bank loan)