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Identify the accounts to be debited and credited for each of the following transactions.
1. The owners invested $10,000 cash in the business in exchange for ordinary shares.
2. Purchased supplies on account for $1,000.
3. Billed customers $2,000 for services performed.
4. Paid salaries of $900.
Classical Conditioning
A conditioning technique where, through repeated associations, a response at first elicited by a second stimulus is in the end elicited by the first stimulus without the second.
Reinforcer
An element in behaviorist psychology that strengthens a behavior or increases the likelihood of its repetition.
Cognitive Learning
A style of learning that involves understanding, thinking, problem-solving, and remembering, by which knowledge is gained and retained.
Vicarious Learning
Learning that occurs by observing the behaviors of others and the outcomes of those behaviors.
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