________ Beliefs and Values Are Passed from Parents to Children

question 60

Multiple Choice

________ beliefs and values are passed from parents to children and reinforced by social institutions - schools, churches, businesses, and governments; they are very difficult to change.

• A) Transient
• B) Secondary
• C) Protected
• D) Core
• E) Variable

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Definitions:

Debits

In accounting, an entry made on the left side of an account, increasing asset or expense accounts, or decreasing liability, equity, or revenue accounts.

Credits

Entries that increase liabilities or equity on the balance sheet or reduce assets.

Ledger

A book or digital record holding all the accounts of a company, showing the changes made to each account and the current balance.

Journal

A chronological record of all business transactions, used to transfer information to the general ledger.