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A company had calculated net income to be $77,550 based on the unadjusted trial balance.The following adjusting entries were then made: Salaries payable of $790 was recorded;Interest earned but not received from investments $750;Prepaid insurance decreased by $550 for insurance used up during the period;$750 of Unearned revenue has now been earned.After recording these adjustments,net income would be:
Modeling
The process of representing or simulating real-world processes, systems, or behaviors through mathematical equations, physical replicas, or computer simulations.
Operant Conditioning
A training technique by which behavior's robustness is adjusted by means of encouragement or disciplinary measures.
Skinner
B.F. Skinner, a prominent psychologist known for his work in developing the theory of behaviorism and conducting research on operant conditioning.
Operant Conditioning
A learning process through which the strength of a behavior is modified by reinforcement or punishment.
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