"If Only I Hadn't Called Brian When I Was in a Bad

question 119

Multiple Choice

"If only I hadn't called Brian when I was in a bad mood," whines Jenny,"maybe we wouldn't have had that fight and broken up!" Jenny's statement most clearly reflects

• A)the self-fulfilling prophecy.
• B)counterfactual thinking.
• C)the availability heuristic.
• D)pessimistic attributional style.

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Definitions:

Owner's Capital Account

A line item in a firm's balance sheet that shows the value of the proprietor's invested capital and the accumulated profits retained within the company.

Credited

An accounting entry that increases a liability or equity account, or decreases an asset or expense account.

Permanent Accounts

Accounts in the general ledger that are not closed at the end of the accounting period, including asset, liability, and equity accounts.

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.