Asmall firm may be unable to mount a serious attack due to lack of resources. as a result, it is more likely to react to actions such as incentive pricing or enhanced service offerings, because they are less costly to attack than large-scale strategic actions.

The appropriate response is competitor's resources. It can be strategic activities, for example, motivating force evaluating or improved administration offerings since they are less expensive to assault than huge scale key activities.

since there is not enough room here, I prepared a balance sheet category on an excel spreadsheet

Explanation:

Dr Wages payable 2,750

    Cr Cash 2,750

Dr Real estate taxes expense 7,350

    Cr Real estate tax payable 7,350

Dr Interest expense 5,437.50

    Cr Interest payable 5,437.50

Dr Bond premium 145

    Cr Interest expense 145

Dr Warranty expense

    Cr Warranty liability

Dr Income tax expense 191,400

Dr Income tax expense (deferred) 70,470

    Cr Income tax payable 191,400

    Cr Deferred tax liability 70,470