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Determine the account and amount to be debited and the account and amount to be credited for the following adjustment.On October 1,2016,the firm paid a premium of $2,800 in cash for a 1-year insurance policy.On December 31,2016,coverage for a period of three months had expired.
Motivational Factors
Elements or conditions that prompt an individual to act in a particular way or to pursue particular goals.
Intrinsically Motivated
Driven by internal rewards, meaning performing an action or behavior because it is personally rewarding.
Long-Term Goal
An objective set to be achieved in the future that requires time and planning beyond the immediate period.
Natural Talent
Innate ability or skill in a particular area without the need for extensive training or practice.
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