Cash Has a Normal Balance of $1,100

question 90

Multiple Choice

Cash has a normal balance of $1,100.After collecting $800,the balance in the account is:

• A)debit $300.
• B)debit $1,900.
• C)credit $300.
• D)credit $1,900.

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Definitions:

Internal Locus Of Control

the belief that one can control one's own destiny and outcomes through personal actions and decisions, rather than external forces.

Authoritarianism

The degree to which a person tends to defer to authority.

Interpersonal Status Differences

Variations in the ranking or standing among individuals within a social group, often influencing their interactions and relationships.

Myers-Briggs Type Indicator

A psychometric tool designed to measure psychological preferences in how people perceive the world and make decisions.