Indicate Which of These Items Is an Asset (A), Liability

question 36

Essay

Indicate which of these items is an asset (A), liability (L) or owner's equity (OE) account.
_______ (1) Supplies
_______ (2) Klein, Drawing
_______ (3) Building
_______ (4) Note Payable
_______ (5) Taxes Payable

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Definitions:

Reinforcement

Reinforcement in psychology refers to the process of encouraging or establishing a pattern of behavior by offering rewards or consequences.

Response

A reaction or answer provided after a specific stimulus or question.

Fixed Interval

In the context of psychology, it refers to a schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed.

Reinforcement

In psychology, a concept referring to a stimulus that increases the likelihood of a behavior being repeated.