Match the characteristics to the types of accounts. records entries in

chronological order

T- Shaped account

has explanations for each

entry

has a closing account

balance

second step in accounting

cycle

Match them to either Journal or Ledger

Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.