Answer:
This can be best explained by <u>"incentive theory".</u>
Explanation:
When your behavior is motivated by your desires, and that motivation may come from the environment, this is known as incentive theory. We can see the example of this theory in the given scenario which is related that a person is full but when he smells cinnamon buns he want to eat that, that smell motivate him to buy that bun.
Answer:
The accounts to use for transactions is shown below. it also indicates which transaction is placed either in the debit or credit side.
Explanation:
Solution
Accounts Debited Accounts Credited
a. Utilities Expense Utilities Payable
b. Utilities Payable Cash
c. Prepared insurance Cash
d. Insurance Expense Prepared insurance
e. Cash Unearned Cash
f Unearned Fees Fees Earned
g. Office supplies Cash, Accounts Payable
h Cash Notes Payable
i Interest Expense Interest Payable
j Depreciation Expense-Office
(Office Equipment) Accumulated Depreciation
(Office Equipment)
The value is formed by the the particular belief related to an idea or behaviour.
Explanation:
The values are the principles, standards or qualities of an individual or group of people hold. They are our own words, thoughts or actions. It is very important because they helps us to grow and develop. the decisions are made based on the values and beliefs.
The values comes from various sources such as family, workplace, educational institution, music, media, technology, culture and so on.
The most important common values are integrity, respect, excellence, responsibility. The values mainly focuses on the person's behaviour and attitude in all situations.
Answer:
$2,500
Explanation:
Loan amount = $5,000
The car was auctioned for $3,000 and the parties involved in the auction transaction has to be paid before net income can be recognized.
Auction amount = $3,000
Less; Repo Man's Fee = ($200)
Attorney's Fee = ($300)
Net amount = $2,500
Loan amount = $5,000
Less net amount = ($2,500)
Loan Balance = $2,500
