Indicate the Effect That Each of the Following Transactions Has

question 32

Essay

Indicate the effect that each of the following transactions has on the cash balance. Use (I) for increase, (D) for decrease, and (N) for no change.
a) ________ Issued common stock for equipment trade
b) ________ Acquired building for cash
c) ________ Purchase equipment on account
d) ________ Declared a cash dividend
e) ________ Purchased supplies with cash
f) ________ Received payment on account
g) ________ Borrowed money by issuance of a long-term debt
h) ________ Purchased equipment on account to be paid within one year

---

Definitions:

Consistency

The quality of achieving a level of performance which does not vary greatly in quality over time.

Distinctiveness

refers to the feature or quality that makes a person or thing unique or different from others.

Consensus

a general agreement among the members of a given group or community, each of whom exercises some degree of influence.

Intermittent Reinforcement

Reinforcement schedule in which a reward does not occur after each instance of a behavior or set of behaviors.