The glass ceiling . is a problem in the u. s., but not in many other nations. b. can be largely explained by women’s lack of desire to advance. c. begins close to the top of organizations, since women are well-represented in mid-and upper-level management. d. is an invisible barrier that prevents certain groups from progressing beyond certain levels in organizations.

On june 3, teal company sold to chester company merchandise having a sale price of $2,600 with terms of 2/10, n/60, f. o.b. shipping point. an invoice totaling $91, terms n/30, was received by chester on june 8 from john booth transport service for the freight cost. on june 12, the company received a check for the balance due from chester company. prepare journal entries on the teal company books to record all the events noted above under each of the following bases. (1) sales and receivables are entered at gross selling price. (2) sales and receivables are entered at net of cash discounts.